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Price Elasticity of Supply on a Graph
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Price Elasticity of Supply on a Graph
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4. Elasticity / Price Elasticity of Supply on a Graph / Problem 7
Problem 7
How can you identify an elastic supply curve on a graph?
A
It cuts through the quantity axis.
B
It cuts through the price axis.
C
It is a horizontal line.
D
It cuts through the origin.
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