Supply Tends to Be

question 110

Multiple Choice

Supply tends to be:

• A)less price elastic in the long run
• B)more price elastic in the long run
• C)perfectly price inelastic in the long run
• D)perfectly price inelastic in the short run

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Definitions:

Human Resources Department

A department within an organization that focuses on recruitment, management, and guidance for the people who work in the organization.

Capitalization Principles

These are the rules and guidelines that dictate which words in a sentence are capitalized, typically involving proper nouns, the first word of a sentence, and certain titles.

Spelling Errors

Mistakes made in the order of letters within words, leading to incorrect spelling.

Comparative Form

The syntactic construction used to compare two items, individuals, or states, often using "more" or the "-er" suffix.