If the supply of a good is inelastic,
a. producers will not change their quantity supplied by much if the market price doubles.
b. a small increase in price will lead producers to sharply increase their quantity supplied.
c. producers have diminishing marginal returns of labor. d. producers will increase their quantity supplied in response to sharp drops in the market price.

a. producers will not change their quantity supplied by much if the market price doubles.

Explanation:

Elasticity is a microeconomic concept that aims to measure supply sensitivity in the face of price changes. When supply is elastic, small price changes have a major impact on supply. If price goes down, supply goes down a lot and if price goes up, supply goes up a lot. Conversely, when supply is inelastic, price changes do not significantly affect supply. If the price decreases, the supply will vary little and if the price increases, even double, the supply will not increase much.

answer; human resource management.(hrm);

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a