Examlex
Which of the following does NOT affect the size of waves?
Elasticity of Supply
A measure of how much the quantity supplied of a good responds to a change in the price of that good.
Constant-cost Industry
An industry in which the costs of production, including the costs of inputs, do not change as the industry's total output changes.
Demand for Resources
The desire and willingness to purchase or acquire resources based on their contribution to production or utility.
Output Increases
A rise in the amount of goods or services produced by a company or economy.
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