Business, 06.10.2019 01:00, SmokeyRN

Which of the following is likely to make supply more inelastic? a the inputs necessary for production cannot readily be increased. b the good is necessary for survival (e. g., a life-saving drug). c the time period under consideration is quite long. d production technology is easily adjusted to changes in price. e consumer income is rising.

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Which of the following is likely to make supply more inelastic? a the inputs necessary for producti...