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Author Question: A value of zero for the elasticity of supply of some product implies that (Read 67 times)

rissygurl1124

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on: Oct 12, 2022

Question 1

The elasticity of supply for a given commodity is calculated as


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Question 2

A value of zero for the elasticity of supply of some product implies that
◦ the product will not be supplied at any price.
◦ supply is highly responsive to price.
◦ the supply curve is vertical.
◦ the supply curve is horizontal.
◦ there is no supply.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rissygurl1124 on Oct 12, 2022

KobyRhoads

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rissygurl1124

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Reply 2 on: Oct 12, 2022
Excellent

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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