Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:

/ » Micro Economics 1 solved MCQs / By
Question:

If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:

A.

Inelastic

B.

Elastic

C.

Unitary elastic

D.

Perfectly elastic

Answer» c. Unitary elastic

Note: The above multiple-choice question is for all general and Competitive Exams in India.