If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:

by
Question:

If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:

A.

Inelastic

B.

Elastic

C.

Unitary elastic

D.

Perfectly elastic

Answer» a. Inelastic

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