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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
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    Suppose That the Price Elasticity of Supply for the Hope
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Suppose That the Price Elasticity of Supply for the Hope

Question 8

Question 8

Multiple Choice

Suppose that the price elasticity of supply for the Hope Diamond is zero.Therefore,the supply curve for the Hope Diamond is:


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

Correct Answer:

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