Concept:Price elasticity of supply measures the responsiveness of quantity supplied to a change in price.
Perishable goods have a supply that cannot be adjusted rapidly.
Explanation:Perishable goods such as vegetables, fruits, and dairy products cannot be stored easily.
Their supply cannot be increased or decreased quickly when market price changes.
Thus, the percentage change in quantity supplied is less than the percentage change in price.
In technical terms, the elasticity coefficient is less than one, that is,
Es<1.
This indicates a relatively inelastic supply.
Answer:C. Inelastic