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  3. Study Set
    Microeconomics Study Set 9
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    Exam 4: Supply and Demand: Elasticity and Applications
  5. Question
    A Straight-Line Supply Curve Has a Price Elasticity Equal to 1
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A Straight-Line Supply Curve Has a Price Elasticity Equal to 1

Question 14

Question 14

True/False

A straight-line supply curve has a price elasticity equal to 1 everywhere along it.

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