If the price elasticity of supply for zinc is 0.25, then the price elasticity of supply for zinc is :
a. Perfectly inelastic.
b. Unit elastic.
c. Relatively inelastic.
d. Perfectly elastic.
e. Relatively elastic.

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28-06-2024
Business

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If the price elasticity of supply for zinc is 0.25, then the price elasticity of supply for zinc is :
a. Perfectly inelastic.
b. Unit elastic.
c. Relatively inelastic.
d. Perfectly elastic.
e. Relatively elastic.

Sagot :

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moazzamafirdaus777 moazzamafirdaus777 · Answer 1 · 2024-06-28T05:09:11-04:00

moazzamafirdaus777 moazzamafirdaus777

28-06-2024

Answer:(c) Relatively Inelastic.

Explanation: Since the price elasticity of supply for zinc is less than 1, it means that price elasticity of supply for zinc is relatively inelastic.

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