The supply curve will be more elastic if

a. the good has few substitutes
b. the time the producer has to adjust is long
c. the time frame for adjusting to price changes is short
d. demand is elastic
e. demand is inelastic

B

Economics

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In a market economy, household income is determined primarily by

a. the age of the head of household b. the gender of the head of household c. luck d. the productivity of labor resources e. government transfer payments

Economics