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:Price elasticity of demand or supply measures how…What is the elasticity of demand for commodity X, if…If the price elasticity of demand for a good is…Price elasticity of supply can be influenced by the…A seller increased the quantity he offered for sale…