Are market supply curves typically more elastic in the short run or in the long run? Explain.

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Are market supply curves typically more elastic in the short run or in the long run?

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Principles Of Microeconomics

ISBN: 9780538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Nov 04, 2024 06:01 AM

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Question: Are market supply curves typically more elastic in the short run or in the long run? Explain.
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Are market supply curves typically more elastic in the short run or in the long run? Explain.

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Principles Of Microeconomics

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