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When price elasticity of supply is equal to 0.4, supply is said to be
Classroom
Economics Classroom
Waec
Waec 1999
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When price elasticity of supply is equal to 0.4, supply is said to be
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Inelastic
B
Elastic
C
Unitary elastic
D
Public utilities
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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