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Why do supply curves tend to be more elastic over time?
Income
The amount of money received by a person or organization, often from employment, investments, or business ventures.
Education
The act of obtaining or providing structured learning, particularly in educational institutions like schools or universities.
Least Squares Regression Line
A straight line that best fits the data points in a scatterplot, minimizing the sum of the squares of the vertical distances of the points from the line.
Speed
The rate at which an object covers distance, usually measured in units per time such as miles per hour or meters per second.
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