In which of these industries would you expect the least elastic response from suppliers?

When you buy newly-issued shares of Twitter stock, this transaction takes place in the

A) bond market. B) bear market. C) primary market. D) secondary market.

The more elastic the supply of a resource,

a. the greater is economic rent as a proportion of total earnings b. the greater is opportunity cost as a proportion of total earnings c. the fewer alternative uses the resource has d. the greater the derived demand for the resource e. the lower the derived demand for the resource