Social Sciences, asked by tarikicmab2290, 7 months ago

What will be the Elasticity of a supply curve passing through the origin making an angle of 60

Answers

Answered by vivekbt42kvboy
0

Answer:

Explanation:

The supply curve of commodity E passes through the origin and makes an angle of 60 degrees . when its price rises by 60%, its quantity supplied rises by 20 units . ... Irrespective of the angle of origin if the supply curve passes through origin the elasticity of supply is equal to one.

Similar questions