Multiple Choice
For Outback Steakhouse, seating capacity is limited in the short run. In the long run, they can add as many seats as they want. Therefore, the price elasticity of supply for meals at Outback would be ________ in the short run than in the long run.
A) higher
B) lower
C) the same
D) more variable
Correct Answer:

Verified
Correct Answer:
Verified
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