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    Survey of ECON Study Set 1
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    Exam 4: Using Supply and Demand
  5. Question
    Supply Is Said to Be ____ When the Quantity Supplied
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Supply Is Said to Be ____ When the Quantity Supplied

Question 229

Question 229

Multiple Choice

Supply is said to be ____ when the quantity supplied is not very responsive to changes in price.


A) independent
B) inelastic
C) unit elastic
D) elastic
E) flexible

Correct Answer:

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