8 of 50 Map de apling Learning Place each of the goods in th

8 of 50 Map de apling Learning Place each of the goods in the appropriate category according to the elasticity of suppl (Es) Perfectly inelastic supply Relatively inelastic supplyRelatively elastic supply Land; Es-0 Stip malls; Es . 0.8 Parking structures; Es-04 Taco trucks; Es-1.6 O Previous Check Answer NexEx Hint about us careers privacy policy terms of use contact us help

Solution

a) The land will be placed in the perfectly inelastic supply because no matter how much the price will be increased or decreased the supply of land will remain the same.

b) Strip malls and Parking structures will have a relatively inelastic supply. as the elasticity is less than 1 and more than zero.

c) Taco truck will be relatively elastic because the elasticity is higher than 1.