The supply of ______ tends to be more elastic.
A) luxury goods
B) raw materials
C) necessary goods
D) manufactured goods
Correct Answer:
Verified
Q139: The supply curve for manufactured goods is
Q140: Supply tends to be _ in local
Q141: The elasticity of supply measures:
A) the percent
Q142: The elasticity of supply measures:
A) how responsive
Q143: Because of aging requirements it takes many
Q145: U.S. Highway 12 is part of a
Q146: Economic theory suggests that gun buyback programs:
A)
Q147: Gun buyback programs will be less effective
Q148: The supply of ancient Egyptian papyrus manuscripts
Q149: Figure: Supply Elasticity ![]()
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