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Determinants of the price elasticity of supply

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Reference no: EM133129842

Which of the following are determinants of the price elasticity of supply?

Group of answer choices

a) The time period being considered

b) Whether buyers consider the good to be a luxury or a necessity

c) The price elasticity of demand

d) Ability of suppliers to change the amount of the good they sell

Reference no: EM133129842

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