Respuesta :
If supply is elastic, the true statement would be: Supply reacts strongly to changes in price.
For elastic products, an increase in price will become an incentive for producers to respond and increase its supply, while a decrease in supply will cause them to reduce it.
For elastic products, an increase in price will become an incentive for producers to respond and increase its supply, while a decrease in supply will cause them to reduce it.
Answer:
Supply reacts strongly to changes in price.
Explanation: