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    Principles of Microeconomics
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    Exam 5: Elasticity
  5. Question
    If the Supply of Oranges Is Unit Elastic, the Price
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If the Supply of Oranges Is Unit Elastic, the Price

Question 77

Question 77

Multiple Choice

If the supply of oranges is unit elastic, the price elasticity of supply of oranges is


A) 1.0.
B) 0.0.
C) -1.0.
D) -100.0.

Correct Answer:

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