Multiple Choice
Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:
A) equal to zero
B) equal to one
C) greater than one
D) constant
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: If a small change in price leads
Q8: From the position of stable equilibrium, the
Q9: The market equilibrium for a commodity is
Q10: Average cost is the sum of AVC
Q11: In which of the following market, advertisement
Q13: Which of the following is the reason
Q14: In drawing an individual demand curve for
Q15: The law of diminishing marginal utility was
Q16: If the income elasticity of demand for
Q17: If the quantity demanded remains unchanged as