Supply is most elastic in ______. a) the market period b) the short run c) the long

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Supply is most elastic in ______.

a) the market period

b) the short run

c) the long run

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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Supply is most elastic in ______. a) the market period b) the short run c) the long

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Step by Step Answer:

The correct answer is c the long run Explanation In the long run firms have more time to adjust t...View the full answer

Microeconomics

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