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The Producer In A Perfectly Competitive Market Is Faced With A Demand Curve Whose Elasticity Is? - Erudites Academy

The producer in a perfectly competitive market is faced with a demand curve whose elasticity is?

by | Aug 1 | Economics WAEC | 0 comments

A. unitary
B. greater than one
C. infinite
D. less than one

Correct Answer:

Option C – infinite

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