Elasticity of supply becomes ________ elastic over time because ________.
A) less; of the growing scarcity of resources
B) less; suppliers have more time to acquire additional resources to achieve desired capacity
C) more; demand becomes more inelastic
D) more; demand will always continue to increase
E) more; suppliers have more time to acquire additional resources to achieve desired capacity
Correct Answer:
Verified
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A)
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