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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 38
Why is industry supply more elastic in the long run than in the short run, and more elastic in the short run than in the market period?
Explanation
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In the market period, output is fixed, s...
Microeconomics 9th Edition by Stephen Slavin
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