If the Supply of Oranges Is Unit Elastic, the Price

question 77

Multiple Choice

If the supply of oranges is unit elastic, the price elasticity of supply of oranges is

• A) 1.0.
• B) 0.0.
• C) -1.0.
• D) -100.0.

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Definitions:

Task Force

A temporary group of employees responsible for bringing about a particular change.

Group Of Employees

A collective of individuals who work together in the same organization and contribute towards achieving the organization's goals and objectives.