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-Which Statement Is True

Question 192

Multiple Choice

-Which statement is true? A) Over time the supply of a particular good or service tends to become more elastic. B) A perfectly elastic supply curve is a horizontal line. C) Supply is most elastic in the long run. D) All of the statements are true.
-Which statement is true?


A) Over time the supply of a particular good or service tends to become more elastic.
B) A perfectly elastic supply curve is a horizontal line.
C) Supply is most elastic in the long run.
D) All of the statements are true.

Correct Answer:

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