The more time that parsley producers have to adjust to price changes, the more elastic is the parsley supply curve.

Name: The more time that parsley producers have to adjust to price changes, the more elastic is the parsley supply curve.
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Over time, parsley producers can adjust their production processes, such as planting more or less parsley, to respond to price changes, making the supply more elastic as they have more flexibility to increase or decrease supply.

The More Time That Parsley Producers Have to Adjust to Price