History, 31.07.2019 21:30, ashhull2002

If the supply of a good is elastic, which statement is true? a. the producer is experiencing diminishing marginal returns. b. the producer will increase the amount being produced if the price rises. c. the producer will increase the amount being produced if the price falls. d. the producer is enjoying increasing marginal returns.

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If the supply of a good is elastic, which statement is true? a. the producer is experiencing dimini...