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A) Elastic Since Quantity Supplied Increases More with an Increase

Question 45

Multiple Choice

A) elastic since quantity supplied increases more with an increase in price. B) elastic since quantity supplied increases less with an increase in price. C) inelastic since quantity supplied increases more with an increase in price. D) inelastic since quantity supplied increases less with an increase in price.


A) elastic since quantity supplied increases more with an increase in price.
B) elastic since quantity supplied increases less with an increase in price.
C) inelastic since quantity supplied increases more with an increase in price.
D) inelastic since quantity supplied increases less with an increase in price.

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