Multiple Choice
A manufacturer produces 1,000 units,regardless of the market price.For this firm,the price elasticity of supply is
A) infinity.
B) zero.
C) one.
D) negative one.
Correct Answer:
Verified
Related Questions
A manufacturer produces 1,000 units,regardless of the market price.For this firm,the price elasticity of supply is
A) infinity.
B) zero.
C) one.
D) negative one.
Correct Answer:
Verified