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    Exam 5: Elasticity and Its Application
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    When Supply Is Perfectly Elastic,the Value of the Price Elasticity
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When Supply Is Perfectly Elastic,the Value of the Price Elasticity

Question 169

Question 169

Multiple Choice

When supply is perfectly elastic,the value of the price elasticity of supply is


A) greater than 0 and less than 1.
B) 0.
C) 1.
D) infinity.

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