In the short run,the quantity of available hotel rooms is not particularly responsive to changes in price because hotels take time to build and to destroy.This implies that the short-run supply of hotel rooms is

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Since the quantity supplied of hotel rooms is not likely to change very much, but the price of hotel rooms can presumably change very easily, the supply of hotel rooms in the short run is highly inelastic.

In the Short Run,the Quantity of Available Hotel Rooms Is