Price elasticity of supply is always positive except when supply is   a.  perfectly inelastic.   b.  relatively elastic.   c.  either relatively elastic or relatively inelastic.   d.  relatively inelastic.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section7.2: The Demand Curve And Elasticity Of Demand
Problem 1R
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Price elasticity of supply is always positive except when supply is

 

a. 

perfectly inelastic.

 

b. 

relatively elastic.

 

c. 

either relatively elastic or relatively inelastic.

 

d. 

relatively inelastic.

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