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    Principles of Economics
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    Exam 5: Elasticity: Measuring Responsiveness
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    If a Firm Produces a Product That Has Easily Available
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If a Firm Produces a Product That Has Easily Available

Question 7

Question 7

Multiple Choice

If a firm produces a product that has easily available variable inputs, its supply curve will be:


A) perfectly elastic.
B) perfectly inelastic.
C) relatively steep.
D) relatively flat.

Correct Answer:

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