We generally expect the price elasticity of supply to be
A. positive or negative, depending on demand.
B. negative.
C. positive.
D. zero.
Answer: C
Economics
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The Sherman Act was patterned closely after the British Act against monopolies
Indicate whether the statement is true or false
Economics
Outsourcing is
A) one of the factors that shifts the supply of labor curve. B) when a firm employs labor outside the country in which the firm is located. C) when the change in the price of a complementary input causes the demand for labor curve to shift in the opposite direction. D) the cost of using an additional unit of an input.
Economics