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Elasticity of Supply Becomes ________ Elastic Over Time Because ________

Question 96

Multiple Choice

Elasticity of supply becomes ________ elastic over time because ________.


A) less; of the growing scarcity of resources
B) less; suppliers have more time to acquire additional resources to achieve desired capacity
C) more; demand becomes more inelastic
D) more; demand will always continue to increase
E) more; suppliers have more time to acquire additional resources to achieve desired capacity

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