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    Principles of Economics
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    Exam 5: Elasticity and Its Application
  5. Question
    Supply Tends to Be
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Supply Tends to Be

Question 110

Question 110

Multiple Choice

Supply tends to be:


A) less price elastic in the long run
B) more price elastic in the long run
C) perfectly price inelastic in the long run
D) perfectly price inelastic in the short run

Correct Answer:

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