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Author Question: The elasticity of supply for some product will tend to be larger (Read 12 times)

bubba123

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on: Oct 12, 2022
The elasticity of supply for some product will tend to be larger
◦ the higher is the elasticity of demand for the product.
◦ the easier it is for firms to shift from the production of this product to another.
◦ the harder it is for firms to shift from the production of this product to another.
◦ the lower is the elasticity of demand for the product.
◦ the less time firms have to adjust to price changes.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by bubba123 on Oct 12, 2022

gcurrens

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Reply #1 on: Oct 12, 2022
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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bubba123

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Reply 2 on: Oct 12, 2022
Excellent

cdmart10

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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