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Economics (AS & A Level) · May / June 2025 · Paper 11 · Question 8

9708Price elasticity of supply

What would best explain why the price elasticity of supply (PES) is likely to be lower for fresh vegetables grown within a country compared to the PES of goods manufactured in that country?

  1. AAlternative supplies can be flown in from foreign producers.
  2. BA positive price change encourages a positive output change along the supply curve.
  3. CFresh vegetables has a horizontal supply curve.
  4. DThere is a seasonal time lag involved in planting and harvesting more fresh vegetables.

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Correct answer: D. There is a seasonal time lag involved in planting and harvesting more fresh vegetables.

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