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Author Question: The elasticity of supply equals ________ if the supply curve is horizontal. A) 0 B) 1 C) ... (Read 100 times)

penza

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on: Jun 29, 2018
The elasticity of supply equals ________ if the supply curve is horizontal.
 
  A) 0
  B) 1
  C) infinity
  D) -1

Question 2

In the above figure, the slope across the arc between points a and b equals
 
  A) 5.
  B) 4.
  C) 2.
  D) 1.


swimkari

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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