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17 Feb 2018
7) 7) A sudden, end-of-summer heat wave increases the demand for air conditioners and catches suppliers with no reserve inventories. The momentary supply for air conditioners is A) shown by a horizontal curve. B) elastic. C) perfectly elastic. D) shown by an upward-sloping curve. E) perfectly inelastic.
7) 7) A sudden, end-of-summer heat wave increases the demand for air conditioners and catches suppliers with no reserve inventories. The momentary supply for air conditioners is A) shown by a horizontal curve. B) elastic. C) perfectly elastic. D) shown by an upward-sloping curve. E) perfectly inelastic.
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