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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Wheat Can Be Produced at a Constant Opportunity Cost,then
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If Wheat Can Be Produced at a Constant Opportunity Cost,then

Question 17

Question 17

Multiple Choice

If wheat can be produced at a constant opportunity cost,then the supply of wheat is


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

Correct Answer:

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