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    Exam 3: Demand, Supply, and the Market Process
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    If the Quantity of a Good Supplied Is Not Very
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If the Quantity of a Good Supplied Is Not Very

Question 29

Question 29

Multiple Choice

If the quantity of a good supplied is not very sensitive to the price of the good, economists say the supply of the good is relatively


A) inelastic.
B) elastic.
C) robust.
D) inverse.

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