True or false? Long - run price elasticities of supply are generally larger than short - run
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True or false? Long - run price elasticities of supply are generally larger than short - run price elasticities of supply. As a result, the short - run supply curves are generally flatter than the long - run supply curves.
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Related Book For
Essentials Of Economics
ISBN: 9781429278508
3rd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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