A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2017 · Q81 Mark
Which change will lower the price elasticity of supply of a product?
AIt becomes easier to store the product.
BOutput of the product nears full capacity.
CThe production process becomes less complex.
DWorkers become more mobile.
✓ Correct answer
B: Output of the product nears full capacity.
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