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The longer the period of time, the elasticity of supply will be:

A. Constant

B. Less elastic

C. More elastic

D. Perfectly elastic

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  18. Firms average and marginal revenues are equal under:
  19. Rotten eggs are:
  20. The income effect means that consumer purchase more when:
  21. The main contribution of Prof. R.G.D.Allen is in the field of:
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  23. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  24. When SAC curve rises, SMC curve lies its:
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  29. In substitution effect, we:
  30. Necessary condition for consumer equilibrium is: