a builder must build fifty houses by the end of the year but he has run out of available land. which best…
a builder must build fifty houses by the end of the year but he has run out of available land. which best describes the builders supply of houses?\no elastic\no competitive\no inelastic\no profitable
Answer
Brief Explanations:
Supply is inelastic when quantity supplied does not respond much to price changes. Here, lack of land prevents building more houses despite demand, so supply can't easily change.
Answer:
inelastic