What will be the price elasticity of supply if the supply curve is a positively sloped straight line?

What will be the price elasticity of supply if the supply curve is a positively sloped straight line?

Production Behaviour and Supply Economics Class 12 CBSE Value Based Questions

Devraju
Jul 21, 2020
1 Answers

Answers

Kalpesh

Aug 2, 2020

Es = 1 if the curve starts from the origin point.
Es>1 if the curve starts from the y-axis and
E<1 if the curve starts from the x-axis.

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