A key determinant of the price elasticity of supply is thea, Ask an Expert

Economics

A key determinant of the price elasticity of supply is the:

a. number of close substitutes for the good in question.

b. definition of the market.

c. length of the time period.

d. extent to which buyers alter their quantities demanded in response to changes in their incomes.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91520653

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