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Author Question: The supply curve for gasoline will be more elastic in: (Read 72 times)

captainjonesify

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on: Jul 20, 2019
The supply curve for gasoline will be more elastic in:
◦ the short run because of the principle of diminishing returns.
◦ the short run because firms have more time in which to respond to the price change.
◦ the long run because of the principle of diminishing returns.
◦ the long run because firms have more time in which to respond to the price change.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by captainjonesify on Jul 20, 2019

sarah_brady415

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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captainjonesify

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Reply 2 on: Jul 20, 2019
Great answer, keep it coming :)

mcarey591

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Reply 3 on: Yesterday
Excellent

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