Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

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 :

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.

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.