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Management · Q26

Managerial Economics

Graduate and Post Graduate · Management · question 26

Q26

Any supply curve which is a straight line passing through the origin whatever its slopes will possess

A.
An elasticity which is less than one
B.
An elasticity which is greater than one
C.
Unitary elasticity of supply
Answer
D.
An elasticity which is greater than zero

Answer: Option C

Solution

Answer: Option C
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