A. Supply is price elastic
B. Supply is income elastic
C. Price elasticity of demand is -2
D. Price elasticity of supply is -2
Correct Answer: Supply is price elastic ✔
Last Updated: June 18, 2019
A. Supply is price elastic
B. Supply is income elastic
C. Price elasticity of demand is -2
D. Price elasticity of supply is -2
Correct Answer: Supply is price elastic ✔
Last Updated: June 18, 2019