What is an example of a good with elastic supply in the short run?

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1041047

2026-03-30 03:00

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An example of a good with elastic supply in the short run is a seasonal fruit, such as strawberries. Farmers can quickly adjust their production levels based on market prices during the harvest season, as they can allocate more resources to cultivation in response to higher demand. If prices increase, they can increase the quantity supplied relatively easily by planting more strawberries or harvesting existing crops. Conversely, if prices drop, they can reduce production or leave some fields unharvested.

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