Virtually no resorts sell ski tickets or snowboarding tickets, they sell lift passes. Hence, the supply of snowboarding slopes are both elastic or inelastic.
Supply is the total amount of goods or services that a supplier is willing to make available to consumers. It is also the willingness and ability of suppliers to sell their products at a given price.
In other words, when there is a surplus, it means that the quantity supplied for the particular product is greater than the quantity demanded.
The quantity demanded for a surplus product will always be lower than the quantity supplied because consumers would have little demand even at a reduced price due to the surplussing of the product.
Learn more about snowboarding, refer to the link:
https://brainly.com/question/26397859
