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    Exploring Microeconomics
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    Exam 5: Elasticity
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    If the Supply Curve for a Product Is Vertical, Then
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If the Supply Curve for a Product Is Vertical, Then

Question 25

Question 25

Multiple Choice

If the supply curve for a product is vertical, then what is the elasticity of supply?


A) equal to zero
B) equal to one
C) greater than one, but less than infinity
D) equal to infinity

Correct Answer:

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