A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2023 · Q61 Mark
Which diagram illustrates unitary elasticity of supply? [Figure: Four diagrams A, B, C, D, showing different supply curves]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
ADiagram A showing a vertical supply curve
BDiagram B showing an upward sloping supply curve originating from the y-axis
CDiagram C showing an upward sloping supply curve originating from the origin
DDiagram D showing a horizontal supply curve
✓ Correct answer
C: Diagram C showing an upward sloping supply curve originating from the origin
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