When price elasticity of supply is equal to 0.4, supply is said to be? by Sunday | Jul 31 | Economics WAEC | 0 comments A. inelastic B. elastic C. unitary elastic D. public utilities Correct Answer: Option A – inelastic Users Also Read These:If price of a commodity rises from N2.00 to N4.00…Price elasticity of supply can be influenced by the…If the price elasticity of demand for a good is…If the coefficient of price elasticity of supply is…What is the elasticity of demand for commodity X, if…