Q. If the proportionate change in the supply is equal to the proportionate change in price, it is said to be _______ supply.

(A) Unitary Elastic
(B) Perfectly Inelastic
(C) Perfectly Elastic
(D) Relatively Inelastic

Correct Answer - Option(A)

About Author:
S
Shyam Dubey     View Profile
If you are good in any field. Just share your knowledge with others.

Discusssion

Login to discuss.