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Friday, 03 July 2026
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The longer the time period, supply tends to become:

The longer the time period, supply tends to become:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A More elastic
  • B Less responsive always
  • C Perfectly inelastic
  • D Completely fixed
Correct Answer: Option A
Explanation:
Producers have more time to adjust production, hire workers, or expand factories in the long run, making supply more responsive.

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