Answered

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What does this graph suggest about green tea? choose two answers. Green tea is elastic in terms of supply. Green tea is inelastic in terms of supply. Green tea is neither elastic nor inelastic. The supply of green tea changes sharply with the price. The supply of green tea does not change sharply with the price.

Sagot :

Answer:B and E

Explanation:

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The graph's suggestion about green tea is that B. Green tea is inelastic in terms of supply. and E. The supply of green tea does not change sharply with the price.

What is an inelastic supply?

An inelastic supply describes an economic situation where supply does not respond equally to increases or decreases in price.

When price movements do not affect the units supplied to the market, the supply is described as inelastic.

Thus, the graph's suggestion about green tea is Options B and E.

Learn more about inelastic supply at https://brainly.com/question/8997479

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