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(Figure: Supply Curve for Hotel Rooms) Use Figure: Supply Curve

Question 34

Multiple Choice

(Figure: Supply Curve for Hotel Rooms) Use Figure: Supply Curve for Hotel Rooms. The figure depicts a supply curve that is:
(Figure: Supply Curve for Hotel Rooms)  Use Figure: Supply Curve for Hotel Rooms. The figure depicts a supply curve that is:   A) perfectly inelastic. B) inelastic. C) elastic. D) perfectly elastic.


A) perfectly inelastic.
B) inelastic.
C) elastic.
D) perfectly elastic.

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