Respuesta :
B. this can be traced back to supply and demand. The more demand the higher the price will become, so the producer will produce more of the product to fill the demand.
Answer:
B. The producer will increase the amount being produced if the price rises.
Explanation:
- The elasticity of supply measure the rate of the percentage changed in the supplied quantity of a product to the percentage change in its price.
- Good elasticity of supply depends on how easy to shift resources into the production of that commodity and how the costs of producing the commodity are varying as its production varies.
