bluepiggy7618 bluepiggy7618

15-02-2024
Business

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Part 2: Suppose the quantity supplied of some good is fixed in the short run. What is the shape of the supply curve and what is the elasticity of supply?
A) Vertical, low elasticity
B) Horizontal, high elasticity
C) Upward sloping, low elasticity
D) Downward sloping, high elasticity

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