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Author Question: Which of the following statements about elasticity of supply is true? a. Elasticity of supply is ... (Read 128 times)

armygirl

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Which of the following statements about elasticity of supply is true?
 a. Elasticity of supply is always unity.
  b. Elasticity of supply is always zero.
  c. Elasticity of supply is always negative.
  d. Elasticity of supply is always positive.

Question 2

The primary goal of any business firm is to maximize social welfare.
 a. True
  b. False
  Indicate whether the statement is true or false



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itsakadoozi

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Answer to Question 1

D

Answer to Question 2

False




armygirl

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


nanny

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Reply 3 on: Yesterday
Wow, this really help

 

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