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    Principles of Economics
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    Exam 5: Elasticity: Measuring Responsiveness
  5. Question
    The Long-Run Price Elasticity of Supply of Automobiles Is _____
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The Long-Run Price Elasticity of Supply of Automobiles Is _____

Question 92

Question 92

Multiple Choice

The long-run price elasticity of supply of automobiles is _____ the short-run price elasticity of supply of automobiles.


A) less than
B) greater than
C) equal to
D) not comparable to

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