Economics 9708 · AS & A Level · Price elasticity of supply

Price elasticity of supply — practice question

In the diagram, OS1 and OS2 are both straight-line supply curves. When price rises, the elasticity of supply

  • Adecreases along both OS1 and OS2.
  • Bincreases less rapidly along OS1 than along OS2.
  • Cincreases more rapidly along OS1 than along OS2.
  • Dis constant along both OS1 and OS2.

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