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A straight line supply curve drawn through the origin has the same type of elasticity at all the points ______. - Economics

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Question

A straight line supply curve drawn through the origin has the same type of elasticity at all the points ______.

Options

  • es = 1

  • es < 1

  • es > 0

  • es > 1

MCQ
Fill in the Blanks
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Solution

A straight line supply curve drawn through the origin has the same type of elasticity at all the points `bbunderline(e_s = 1)`.

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Chapter 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [Page 96]

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Frank Economics [English] Class 12 ISC
Chapter 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 10. | Page 96
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