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Saturday, 04 July 2026
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Supply for manufactured goods is often:

Supply for manufactured goods is often:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Completely fixed supply
  • B More elastic supply
  • C Perfectly inelastic supply
  • D Vertical market supply
Correct Answer: Option B
Explanation:
Manufactured goods can often be produced more easily when prices rise because factories can increase output with additional labour and machinery.

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