Economics · Elasticity of Supply
Any straight-line supply curve that is parallel to the Y-axis (vertical) and cuts the X-axis will have an elasticity of supply (e s ) equal to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1e s = 0✓
- 2e s = 1
- 3e s < 1
- 4e s > 1
Correct answer
e s = 0
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