QuestionSeptember 21, 2026

in the short term the supply of electricity is [blank] as it takes time to build new power plants and increase the capacity for electricity. Over a longer period the supply of electricity is more [b(ank). elastic; elastic nelastic; elastic elastic: inelastic (1) inelastic; inelastic

in the short term the supply of electricity is [blank] as it takes time to build new power plants and increase the capacity for electricity. Over a longer period the supply of electricity is more [b(ank). elastic; elastic nelastic; elastic elastic: inelastic (1) inelastic; inelastic
in the short term the supply of electricity is [blank] as it takes time to build new power plants and
increase the capacity for electricity. Over a longer period the supply of electricity is more [b(ank).
elastic; elastic
nelastic; elastic
elastic: inelastic
(1) inelastic; inelastic

Solution
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Answer

inelastic; elastic Explanation 1. Identify Short-term Supply Elasticity In the short term, supply is **inelastic** because it takes time to build new power plants and increase capacity. 2. Identify Long-term Supply Elasticity Over a longer period, supply becomes more **elastic** as there is time to adjust capacity and build new infrastructure.

Explanation

1. Identify Short-term Supply Elasticity<br /> In the short term, supply is **inelastic** because it takes time to build new power plants and increase capacity.<br /><br />2. Identify Long-term Supply Elasticity<br /> Over a longer period, supply becomes more **elastic** as there is time to adjust capacity and build new infrastructure.
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