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If Supply Is Perfectly Inelastic, Then the Price Elasticity of Supply

question 154

True/False

If supply is perfectly inelastic, then the price elasticity of supply is infinity.


Definitions:

Least Restrictive Measure

In mental health care, refers to the principle of using the minimum level of restriction or intervention necessary to ensure safety or therapeutic efficacy.

Good Coping Skills

Strategies and mechanisms that individuals use to manage stressful situations or emotional distress effectively.

Poorly Organized

Lacking order or systematic arrangement, which can lead to inefficiency and difficulty in locating or understanding information.

Nurse Manager

A registered nurse who supervises nursing staff and manages the administrative and clinical aspects of nursing care in a healthcare setting.

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