1.3.3.2c - Factors that influence price elasticity of supply: • the time period • availability of

Factors that influence price elasticity of supply:; the time period; availability of stock/perishability; mobility of factors of production; legal constraints; capacity.

Use c - factors that influence price elasticity of supply: • the time period • availability of to connect the rule to the data and decision in the question.

This matters because c - factors that influence price elasticity of supply: • the time period • availability of determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - factors that influence price elasticity of supply: • the time period • availability of to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Factors that influence price elasticity of supply: • the time period • availability of is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.