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henry11 henry11
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A year ago
A value of zero for the elasticity of supply of some product implies that

▸ the product will not be supplied at any price.

▸ supply is highly responsive to price.

▸ the supply curve is vertical.

▸ the supply curve is horizontal.

▸ there is no supply.
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Microeconomics

Microeconomics


Edition: 17th
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owenutonowenuton
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A year ago
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