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    Microeconomics Study Set 22
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    Exam 2: The Basics of Supply and Demand
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    Supply Curves for Secondary Supply Resources (E
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Supply Curves for Secondary Supply Resources (E

Question 40

Question 40

Multiple Choice

Supply curves for secondary supply resources (e.g., scrap metal) become:


A) Steeper in the short run
B) More elastic in the long run
C) Steeper in the long run
D) More inelastic in the short run

Correct Answer:

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