lectur15-page54 - very short run Price Q/u.t Not very...

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54 Length of Time Available for Producer Response to Price Changes Affects the slope of the supply curve Supply
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Unformatted text preview: very short run Price Q/u.t. Not very responsive to price changes if at all (Perfectly inelastic)...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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