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22 Dec 2017
Which of the following would cause the supply of tea kettles to become less price elastic? The tea kettle industry shifts to a production technique that uses specially trained labor. B. Transportation services improve in the city where most industry firms are located. C. The invention of a new pump lowers the cost of producing coffee makers. D. The tea kettle industry replaces a specialized heating element with one that can work in a variety of consumer machines.
Which of the following would cause the supply of tea kettles to become less price elastic? The tea kettle industry shifts to a production technique that uses specially trained labor. B. Transportation services improve in the city where most industry firms are located. C. The invention of a new pump lowers the cost of producing coffee makers. D. The tea kettle industry replaces a specialized heating element with one that can work in a variety of consumer machines.
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