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    Economics Study Set 10
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    Exam 19: Elasticity
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    Price Elasticity of Supply Is Perfectly Inelastic If the Coefficient
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Price Elasticity of Supply Is Perfectly Inelastic If the Coefficient

Question 72

Question 72

Multiple Choice

Price elasticity of supply is perfectly inelastic if the coefficient of price elasticity of supply is


A) infinity.
B) 1.
C) 0.
D) -1.

Correct Answer:

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