A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2024 · Q91 Mark

The diagram shows four supply curves. [Figure 9.1] Which curve has a price elasticity of supply of 1 for all levels of quantity supplied?

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A: A

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 9.

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