If a straight line supply curve makes an intercept on the Y-axis, elasticity of supply is:

A. Equal to unity

B. Less than unity

C. More than unity

D. Zero

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. The income effect means that consumer purchase more when:
  2. The General Theory of Employment, Interest and Money is the major work of :
  3. If production increases under increasing returns to scale, the cost will:
  4. In case of perfect competition, TR curve rises at a:
  5. In long run competitive equilibrium:
  6. Neutral Technological Progress can be defined as:
  7. Microeconomics deals with the:
  8. Indifference curves are downward sloping and are drawn bowed toward the origin (convex to the origin)…
  9. Who wrote An Introduction to Positive Economics?
  10. Marginal utility means:
  11. A profit-maximizing monopolist in two separate markets will:
  12. Total fixed costs are:
  13. In perfectly competitive markets, the profit maximization rule can be represented by:
  14. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  15. Income-elasticity of demand is expressed as:
  16. According to critics, the assumption of costless production is:
  17. Some farm land can be used to produce either corn or soybeans. If the demand for corn increases then:
  18. If by doubling all inputs in the long run output is less than double, it is a case of:
  19. Under Bandwagon effects, people use those goods which are used by their:
  20. The slope of isocost line (budget line) shows:
  21. The general form of Cobb-Douglas production function is:
  22. Abstinence or Waiting theory of Interest was presented by:
  23. Indifference curves reflect:
  24. In Nash equilibrium, a player:
  25. The cost of one thing in terms of the alternative given up is known as:
  26. In Edgeworth model, prices oscillate between:
  27. Traditionally, the study of determination of price is called:
  28. Nash Equilibrium is stable:
  29. In measuring price-elasticity:
  30. In short run, a firm can change its: