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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    Generally,over Which Time Period Will a Firm Be Able to Respond
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Generally,over Which Time Period Will a Firm Be Able to Respond

Question 131

Question 131

Multiple Choice

Generally,over which time period will a firm be able to respond most to a change in price


A) in one month
B) in six months
C) in one year
D) in five years

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