If the supply of oranges is unit elastic, the price elasticity of supply of oranges is
A. 1.0.
B. 0.0.
C. -1.0.
D. -100.0.
Answer: A
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Refer to the information above. What is the highest value of gross investment over these periods?
A) 140. B) 106.75. C) 89.25. D) 192.5
M2 is about four times larger than M1
Indicate whether the statement is true or false
Which of the following causes the aggregate supply curve to rise?
a. An increase in a nation's level of productivity. b. A decrease in input prices. c. An increase in the value of the domestic currency. d. All of these answers are correct.
The purchasing power parity theory is a reasonably good explanation for nominal exchange rate determination:
A. in the long run. B. when there are fixed exchange rates. C. when there are significant volumes of non-traded goods and services. D. in the short run.