Supply Will Become More Elastic When

question 325

Multiple Choice

Supply will become more elastic when

• A) a time period lengthens.
• B) the time period shortens.
• C) the good is important to consumers.
• D) there are good substitutes for the goods.

---

Definitions:

Exercise

Physical activities intended to improve health and physical fitness, often involving repetitive bodily movements designed to increase strength and stamina.

Drug Addiction

A chronic, relapsing disorder characterized by compulsive drug seeking, continued use despite harmful consequences, and long-lasting changes in the brain.

Medical Profession

The field and practice of medicine, encompassing a variety of healthcare practices evolved to maintain and restore health through the prevention and treatment of illness, represented by individuals certified to perform medical services.

Alcoholism

A severe addiction to alcohol characterized by compulsive drinking despite adverse consequences.