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    Basics of Economics
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    Exam 3: Demand and Elasticity
  5. Question
    If a Positively Sloped Linear Supply Curve Crosses the Quantity
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If a Positively Sloped Linear Supply Curve Crosses the Quantity

Question 3

Question 3

Multiple Choice

If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:


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

Correct Answer:

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