menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 3
  4. Exam
    Exam 4: Elasticity
  5. Question
    If the Price Elasticity of Supply Is 2
Solved

If the Price Elasticity of Supply Is 2

Question 105

Question 105

Multiple Choice

If the price elasticity of supply is 2.5,we know that it is


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q100: If the price elasticity of supply is

Q101: Which of the following statements is FALSE?<br>A)

Q102: Masielle's Furniture produces high-quality wooden bedroom sets

Q103: A local sandwich shop can quickly place

Q104: Celine runs a sporting goods store and

Q106: If the cross-price elasticity of demand is

Q107: At a price of $2,the quantity demanded

Q108: A vertical supply curve can be described

Q109: From the accompanying table,we can see that

Q110: Salima is a devoted Coca-Cola consumer,whereas Antonia

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines