If the Quantity Supplied Responds Only Slightly to Changes in Price,what

question 43

Multiple Choice

If the quantity supplied responds only slightly to changes in price,what can be said about supply

• A)Supply is said to be elastic.
• B)Supply is said to be perfectly elastic.
• C)Supply is said to be inelastic.
• D)Supply is said to be unit elastic.

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A measure of frequency or speed of a given process or activity over a specified amount of time.

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A water-soluble vitamin, also known as ascorbic acid, important for the growth, development, and repair of all body tissues and is involved in many body functions, including formation of collagen, absorption of iron, and immune system support.