Are market supply curves typically more elastic in the short run or in the long run? Explain.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Firms In Competitive Markets
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Are market supply curves typically more elastic in the short run or in the long run? Explain.

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