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Author Question: A good with a perfectly inelastic supply has a price elasticity of supply: A) equal to zero. B) ... (Read 127 times)

kellyjaisingh

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on: Jun 29, 2018
A good with a perfectly inelastic supply has a price elasticity of supply:
 
  A) equal to zero.
  B) between zero and one.
  C) equal to one.
  D) greater than one.

Question 2

Refer to the scenario above. What is the present value of Option A?
 
  A) 2,464.11
  B) 2,385.07
  C) 2,463.66
  D) 4,898.46


lorealeza77

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

A

Answer to Question 2

B


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