For which of the following would the supply likely be most inelastic?
A) aircraft carrier
B) canned soup
C) toy airplane
D) t-shirt
E) bottled water

Question

Quizplus · Accepted Answer

Aircraft carriers are complex and expensive to produce, requiring specialized labor and materials. Therefore, the supply of aircraft carriers is likely to be more inelastic as it takes a longer time and more resources to increase the production of an aircraft carrier.

For Which of the Following Would the Supply Likely Be