Long-Run Supply Is

question 41

Multiple Choice

Long-run supply is

• A)more elastic than momentary supply but less elastic than short-run supply.
• B)less elastic than momentary supply but more elastic than short-run supply.
• C)less elastic than both momentary and short-run supply.
• D)more elastic than both momentary and short-run supply.
• E)none of the above.

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