If supply curve touches the X-axis, the elasticity of supply will be
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The supply curve if extended touches x-axis to the right of the origin. In such cases the supply curve has a steeps slope and price elasticity of supply is less than one but greater than zero.
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The supply curve if extended touches x-axis to the right of the origin. In such cases the supply curve has a steeps slope and price elasticity of supply is less than one but greater than zero.
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