Supply will become more elastic when

A. there are good substitutes for the goods.
B. a time period lengthens.
C. the good is important to consumers.
D. the time period shortens.

Answer: B

Economics

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An argument against increasing centralization in elementary and secondary education is _____

a. that it is anti-egalitarian b. that there are fewer administrators to oversee extracurricular programs c. that it results in less direct accountability to students and parents d. that socialization is a problem in large school districts

Economics

Economic experiments show that people care more about winning a game than about its intrinsic fairness

a. True b. False Indicate whether the statement is true or false

Economics