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When the supply of a commodity is fixed, its price elasticity of supply is said to be
Classroom
Economics Classroom
Post Utme
Post Utme 0
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When the supply of a commodity is fixed, its price elasticity of supply is said to be
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Perfectly elastic
B
Perfectly inelastic
C
Undefined
D
Elastic
E
Inelastic
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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