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    Exam 4: Elasticity
  5. Question
    If the Elasticity of Supply of a Good Is Zero
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If the Elasticity of Supply of a Good Is Zero

Question 158

Question 158

Multiple Choice

If the elasticity of supply of a good is zero, then its


A) supply curve is vertical.
B) supply curve is horizontal.
C) demand curve must be vertical.
D) supply curve is positively sloped.

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