9. The price elasticity of supply depends on the availability of resources to expand production and on

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9. The price elasticity of supply depends on the availability of resources to expand production and on time. It is higher when inputs are available at relatively low cost and the longer the time elapsed since the price change.

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 03, 2024 03:03 AM

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9. The price elasticity of supply depends on the availability of resources to expand production and on

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Essentials Of Economics

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