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Economics (AS & A Level) · Oct / Nov 2025 · Paper 14 · Question 6

9708Price elasticity of supply

Which factor affects the price elasticity of supply of a product?

  1. Aavailability of stocks
  2. Bpercentage of income spent on the product
  3. Cprice of substitutes
  4. Dwage rate

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Correct answer: A. availability of stocks

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