Answered: The elasticity of substitution between…

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Economics

The elasticity of substitution between two perfect substitutions is

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 3CQQ

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33. The elasticity of substitution between
two perfect substitutions is
A. O Zero
В.
Greater than zero
C. O Less than infinity
D. O Infinity

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