Management Notes

Reference Notes for Management

A key determinant of the price elasticity of supply is the

A key determinant of the price elasticity of supply is the

A key determinant of the price elasticity of supply is the

A) how responsive buyers are to changes in sellers’ prices.
B) the slope of the demand curve.
C) the ability of sellers to change the amount of the good they produce.
D) the ability of sellers to change the price of the good they produce.

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