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pirex pirex
wrote...
Posts: 634
6 years ago
The short-run elasticity of supply is less than the long-run elasticity of supply
A) because consumers' tastes and preferences change in the long run but not in the short run.
B) because producers can adjust the amount of machinery in the long run but not in the short run.
C) only for durable goods.
D) only for non-durable goods.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 53 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
ChronosChronos
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Posts: 404
Rep: 2 0
6 years ago
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pirex Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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