12
AssignmentMultiple Dropdowns

Elasticity and Incentives

Question 12 • 2102320-Economics HONORS - Edgenuity Teacher

Bond's Gym is not able to expand quickly. It would take a long time and lots of money to hire more workers, buy equipment, and find a bigger building. Based on the graph and the information above, memberships at Bond's Gym are an supply. The owner at Bond's Gym increase the supply of memberships easily and quickly.

Answer
Based on the graph and the information above, memberships at Bond's Gym are an supply.:

inelastic

The owner at Bond's Gym increase the supply of memberships easily and quickly.:

cannot

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