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    Exam 6: Sellers and Incentives
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    A Good with a Perfectly Inelastic Supply Has a Price
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A Good with a Perfectly Inelastic Supply Has a Price

Question 69

Question 69

Multiple Choice

A good with a perfectly inelastic supply has a price elasticity of supply that is ________.


A) equal to zero
B) between zero and one
C) equal to one
D) greater than one

Correct Answer:

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