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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    If the Price Elasticity of Supply for a Good Is
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If the Price Elasticity of Supply for a Good Is

Question 210

Question 210

Multiple Choice

If the price elasticity of supply for a good is 10,then supply is


A) elastic.
B) inelastic.
C) unit elastic.
D) perfectly elastic.
E) perfectly inelastic.

Correct Answer:

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