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18 August, 20:49

For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms may need to invest in additional capital in order to further increase production.

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  1. 18 August, 21:02
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    The answer is that the given statement is True.

    When firm has achieved greatest creation limit, firm should make extra speculation to extend generation plants and to accomplish this, firm should build the costs of the item which will influence the supply versatility.
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