If the Supply Curve Intersects the Vertical (Price) Axis, the Supply

question 12

Multiple Choice

If the supply curve intersects the vertical (price) axis, the supply curve has an elasticity:

• A) less than 1.
• B) equal to 1.
• C) greater than 1.
• D) that is indeterminate.

---

Definitions:

Dangerous Reactions

Responses to events or substances that could lead to harm or adverse effects.

Dyad

the simplest social group consisting of two people, often used to study interpersonal relationships.

Psychologists

Professionals dedicated to understanding mental processes, behavior, and the underlying dynamics of individuals and groups.

Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity.