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    Microeconomics Study Set 40
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    Exam 6: Elasticity
  5. Question
    Suppose You Are Told That the Short-Run Price Elasticity of Supply
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Suppose You Are Told That the Short-Run Price Elasticity of Supply

Question 324

Question 324

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Suppose you are told that the short-run price elasticity of supply for a movie theatre is zero.Does this make sense?

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Yes.The number of seats in a movi...

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