When Supply Is Perfectly Elastic,the Value of the Price Elasticity

question 169

Multiple Choice

When supply is perfectly elastic,the value of the price elasticity of supply is

• A)greater than 0 and less than 1.
• B)0.
• C)1.
• D) infinity.

---

Definitions:

Radioactive Waste

Hazardous waste material that contains radioactive substances and requires special handling and disposal to protect human health and the environment.

Genetic Mutations

are changes in the DNA sequence of an organism, which can lead to variations in physical traits or increased susceptibility to certain diseases.

The Simpsons

An American animated sitcom that satirizes middle-class American life, focusing on the Simpson family in the fictional town of Springfield.

Nuclear Reactors

Facilities used to initiate and control a sustained nuclear chain reaction, primarily for the generation of electricity or for the production of radioactive materials.