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17 November, 04:10

24. Chapter mank07t, Section. 36, Problem 081 As the price elasticity of supply approaches infinity, very small changes in price lead to A. very small changes in quantity supplied. B. very large changes in quantity supplied. C. no change in quantity supplied. D. None of the above is correct.

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  1. 17 November, 08:04
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    Answer: B

    Explanation: very large changes in quantity supplied
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