Which of the following producers is most likely to face a relatively elastic supply curve in the short run?(1 point)

Question

Which of the following producers is most likely to face a relatively elastic supply curve in the short run?(1 point)

Responses

a national chain of grocery stores
a national chain of grocery stores

an international shipping company
an international shipping company

an automobile manufacturer corporation
an automobile manufacturer corporation

a local restaurant who uses produce and ingredients from local farms

Answer 1

a local restaurant who uses produce and ingredients from local farms

Answer 2

Which of the following producers is most likely to face a relatively elastic supply curve in the short run?(1 point)

a local restaurant who uses produce and ingredients from local farms

In the short run, a local restaurant that uses produce and ingredients from local farms is most likely to face a relatively elastic supply curve.