A strainght line supply curve curve cuts the Y- axis in its negative r – InterviewSolution

1.	A strainght line supply curve curve cuts the Y- axis in its negative range. What is the elastictiy of supply ?A. highly elasticB. Unitary elasticC. Less elasticD. Perfectly Elacstic
Answer» Correct Answer - C Staight supply curve cutting Y-axis implies that there is not happening any change in quantity supplied when price is changing, thus supply is less elastic. our answer is option (C).

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