The supply of lettuce in the short run will be ________ than the supply in the long run and ________ than the supply today. A: more elastic; less elastic B: more elastic; more elastic C: less elastic; more elastic D: less elastic; less elastic

Air, _______________, may be compressed into a small container. A: is elastic B: be elastic C: elastic D: being elastic

If there are very few, if any, good substitutes for good A, then (). A: supply of good A would tend to be price elastic. B: demand for good A would tend to be price inelastic. C: demand for good A would tend to be price elastic. D: demand for good A would tend to be income elastic.

The<br/>main structural features of the wall of the large arteries are:() A: more elastic membrane and cartilage B: more elastic fibers and collagen fibers C: more elastic membrane and elastic fibers D: more elastic fibers and smooth muscle fibers E: more collagen fibers

elastic

A few sellers may behave as if they operate in a perfectly competitive market if the market demand is: A: highly inelastic. B: very elastic. C: unitary elastic. D: composed of many small buyers.

An increase in price causes an increase in total revenue when: () A: demand<br/>is elastic. B: demand<br/>is inelastic. C: demand<br/>is unit elastic. D: All<br/>of the above are possible.

Since<br/>the amount of land is fixed, the total supply of land<br/>is_____________ A: relatively<br/>elastic. B: perfectly<br/>elastic. C: perfectly<br/>inelastic. D: relatively<br/>inelastic.

A vertical supply curve may be described as: A: relatively price elastic. B: perfectly price inelastic. C: relatively price inelastic. D: perfectly price elastic. E: none of the above are accurate descriptions.

Which of the following are present in elastic arteries but are NOT seen in muscular arteries A: Elastic fibers B: Factor Ⅷ C: Fenestrated membranes D: External elastic lamina E: Basement membrane