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    Microeconomics Theory and Applications Study Set 2
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    Exam 2: Supply and Demand
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    When the Per-Unit Cost of Producing a Commodity Is Constant,the
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When the Per-Unit Cost of Producing a Commodity Is Constant,the

Question 57

Question 57

Multiple Choice

When the per-unit cost of producing a commodity is constant,the price elasticity of supply is:


A) zero.
B) infinite.
C) one.
D) negative.

Correct Answer:

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