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Question 14

At a co-efficient of price elasticity of supply of 0.5, supply is

  • A.perfectly inelastic
  • B.inelastic
  • C.perfectly elastic
  • D.elastic
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2009
Question no.
#14
Type
Objective
Previous · Q13If a fall in price of one commodity leads to an increase supply of another… Next · Q15 In the short-run commodity X and commodity Y are supplied jointly, which of the…

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