Why will Minnie not produce a quantity at which the market demand for water is inelastic?

Question:

Why will Minnie not produce a quantity at which the market demand for water is inelastic?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

Question Posted: