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    Exam 5: Elasticity
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    What Tends to Happen to the Elasticity of Supply as the Time
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What Tends to Happen to the Elasticity of Supply as the Time

Question 43

Question 43

Multiple Choice

What tends to happen to the elasticity of supply as the time period considered grows longer?


A) It remains constant.
B) It decreases.
C) It converges to zero.
D) It increases.

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