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Production does not respond to any change in price when elasticity of supply = ____

+3 votes

asked Mar 2, 2019 in Class 12 by kratos

Complete the following sentence:

Production does not respond to any change in price when elasticity of supply = ____

class-12
producer behaviour and supply

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1 Answer

+6 votes

answered Apr 25, 2020 by kratos

Best answer

Production does not respond to any change in price when elasticity of supply = 0 (zero).

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