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Mairoon Mairoon
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6 years ago
The rising price of oil has made it feasible to extract oil out of oily sand in Canada. Concerning the oil market this is an example of   
A) a higher price elasticity of supply in the long run.
B) a higher price elasticity of supply in the short run.
C) a higher price elasticity of demand in the short run.
D) an inelastic long-run supply of oil.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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ChronosChronos
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6 years ago
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Mairoon Author
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6 years ago
You make an excellent tutor!
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Helped a lot
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Just got PERFECT on my quiz
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