In a very short period the supply
(a) can be changed
(b) cannot be changed
(c) can be increased
(d) increases; increased
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the correct option is b)
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In a very short period, the supply cannot be changed.
- Supply is cannot be changed in the short term.
- To increase the supply of a certain product it needs a particular period and if the period is short the supply cannot be changed.
- The supply of a product depends on various factors such as labour, raw materials and capital. These cannot be raised in a short period, therefore, affecting the supply of the product.
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