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WebOct 29, 2024 · Assertion (A): Price Elasticity is infinity in the case of a horizontal straight-line demand curve. Reason (R): Demand is more elastic in case of the long period as compared to a short period. Options. a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation. of Assertion (A). 3 outlet timer WebDec 19, 2024 · Multiple Choice Questions of supply chapter with answers of Microeconomics class 11. Let’s Practice. In the long period, the supply for a commodity … baby breath flowers how long does it last