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    Economics Today Study Set 1
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    Exam 19: Demand and Supply Elasticity
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    In the Long Run, the Supply Curve
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In the Long Run, the Supply Curve

Question 62

Question 62

Multiple Choice

In the long run, the supply curve


A) is more elastic than it is in the short run.
B) is less elastic than it is in the short run.
C) exhibits no systematic sequence of changes in elasticity.
D) exhibits no change in elasticity at all.

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