Economics WAEC

When price elasticity of supply is equal to 0.4, supply is said to be?
When price elasticity of supply is equal to 0.4, supply is said to be?When price elasticity of supply is equal to 0.4, supply is said to be?

A. inelastic
B. elastic
C. unitary elastic
D. public utilities

Correct Answer:

Option A – inelastic

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5 years ago

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