If the Supply of Raw Materials Is ________, Increasing Their

question 246

Multiple Choice

If the supply of raw materials is ________, increasing their production leads to ________ per-unit costs.

• A) inelastic; higher
• B) perfectly elastic; higher
• C) perfectly elastic; lower
• D) inelastic; lower

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Definitions:

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The overall outlook, attitude, satisfaction, and confidence that employees feel at work.