For which of the following would the supply likely be most inelastic?
A) Canned soup
B) A t-shirt
C) An aircraft carrier
D) A toy aeroplane
E) Bottled water

Question

Quizplus · Accepted Answer

The supply of an aircraft carrier is likely to be most inelastic as it is a highly specialized and complex product with a small number of producers. The production process is also lengthy and costly, making it difficult for producers to adjust supply quickly in response to changes in demand.

For Which of the Following Would the Supply Likely Be