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Price Elasticity of Supply on a Graph
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Problem 10
Price Elasticity of Supply on a Graph
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4. Elasticity / Price Elasticity of Supply on a Graph / Problem 5
Problem 5
What does it mean when a supply curve cuts through the quantity axis?
A
The supply is perfectly elastic.
B
The supply is inelastic.
C
The supply is unit elastic.
D
The supply is elastic.
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