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Title: Which of the following explains why supply is more elastic as more time passes? Post by: Loraine on Jun 20, 2015 Which of the following explains why supply is more elastic as more time passes?
A) It is difficult or impossible to increase the quantity produced in a short period of time. B) Consumers have more time to search for substitutes. C) Sellers try to take advantage of a high price in the short term. D) The supply curve becomes generally steeper as more time passes. E) There is no explanation for this phenomenon. Title: Re: Which of the following explains why supply is more elastic as more time passes? Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: Which of the following explains why supply is more elastic as more time passes? Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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