Compared to the supply curve for capital, the supply curve for land is a. flatter, more

Chapter 0, Problem 12

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Compared to the supply curve for capital, the supply curve for land is a. flatter, more elastic, and more responsive to factor prices. b. flatter, less elastic, and less responsive to factor prices c. steeper, more elastic, and more responsive to factor prices. d. steeper, less elastic, and less responsive to factor prices. e. steeper, more elastic, and less responsive to factor prices.

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