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Septeos Septeos
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2 years ago
Consider the price elasticity of supply. If firms' costs rise rapidly as quantity supplied increases, the

▸ price elasticity of supply will tend to be low.

▸ elasticity of demand will tend to be low.

▸ demand curve will tend to be steep.

▸ supply curve will tend to be flat.

▸ price elasticity of supply will tend to be high.
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Microeconomics

Microeconomics


Edition: 17th
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goodone14goodone14
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Septeos Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Marcie D
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This helped my grade so much Perfect
Starfiew
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2 hours ago
this is exactly what I needed
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