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Author Question: Which of the following statements about elasticity of supply is true? a. Elasticity of supply is ... (Read 67 times)

armygirl

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

False


armygirl

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bigsis44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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