A may be desirable as a market entry strategy if one company does not have the necessary financial

Joint Venture

Explanation:

A joint venture is an arrangement of business in which two or more companies invest their Human or capital resources for a common goal (e.g. profit earning). It is an easy way to enter into a new market without any significant investment. One company does not have sufficient fund and operating in the target market. Other company want to capture the market. They both will join together by Joint venture for their mutual benefit.

answer///supply is elastic, and demand is inelastic;