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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Essentials Of Economics

ISBN: 9781429278508

3rd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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