Inelastic Supply Has a Numerical Value

question 355

Multiple Choice

Inelastic supply has a numerical value

• A) less than 0.
• B) less than 1.
• C) equal to 1.
• D) greater than 1.

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Definitions:

Noncitizen

An individual who is not a legal citizen of the country in which they reside.

Noncitizens

Individuals who do not hold citizenship in a given country, often subject to different legal rights and obligations compared to citizens.

U.S. Employer

An individual, business, or organization that hires and pays for the services of workers in the United States.

Authorized To Work

Legally permitted to be employed in a given jurisdiction, typically referring to the status of immigrants or non-citizens.