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In case of less elastic supply, supply curve:A. Makes an intercept on the postive X-axisB. is a vortical straight line parallel to the Y-axisC. Makes an intercept on the positive Y-axisD. s a horizontal straight line parallel to the X-axis |
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Answer» Correct Answer - A no change in price , even then quantity suplied is increasing. thus, supply curve makes an intercept on x-axis. |
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