Advertisements
Advertisements
Question
When a straight-line supply curve cuts the y-axis, the elasticity of supply will be ______.
Options
Elastic
Inelastic
Unitary elastic
Perfectly inelastic
MCQ
Fill in the Blanks
Advertisements
Solution
When a straight-line supply curve cuts the y-axis, the elasticity of supply will be elastic.
shaalaa.com
Is there an error in this question or solution?
