Which of the Following Is the Most Important Determinant of the Elasticity

Multiple Choice

Which of the following is the most important determinant of the elasticity of supply of a good?

A) The number of uses of the good
B) The availability of close substitutes of the good
C) The amount of time producers have to adjust their behavior in response to a price change
D) The percentage of income spent on the good by consumers
E) The availability of complementary goods