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Why Is the Price Elasticity of Supply Greater If There

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Why is the price elasticity of supply greater if there is more time for adjustment to an increase in the price of an item?


Definitions:

Bone Marking

Features on the surface of bones, such as ridges and depressions, that serve as sites for attachment of muscles, tendons, and ligaments.

Rough Projection

Refers to a bony projection with a rough surface, often serving as a site for muscle attachment.

Trochanter

A bony prominence on the femur near its joint with the hip bone, serving as an attachment for muscles or ligaments.

Bone Marking

Features on the surface of bones, such as ridges and bumps, which serve as attachments for muscles and ligaments.

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