The Supply Curve for Manufactured Goods Is Usually More Elastic

question 176

Multiple Choice

The supply curve for manufactured goods is usually more elastic than raw materials because production of manufactured goods can often be:

• A) increased at higher cost per unit by building more factories.
• B) increased at lower cost per unit by building more factories.
• C) decreased at the same cost per unit by building more factories.
• D) increased at the same cost per unit by building more factories.

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Definitions:

Resumes Meiosis

Refers to the process where cells continue the meiotic division after being paused at a specific stage, leading to the production of gametes.

Gradient Development

The process of forming a gradual change in concentration, temperature, or other qualities in a given direction.

Germ Layer

One of three primary layers in an early animal embryo.

Placenta

Organ formed during pregnancy; allows diffusion of material between maternal and embryonic bloods.