Home » Classroom » JAMB Economics 1998 Question

The producer in a perfectly competitive market ... - JAMB Economics 1998 Question

The producer in a perfectly competitive market is faced with a demand curve whose elasticity is?

A
unitary
B
greater than one
C
infinite
D
less than one
Ask EduPadi AI for a Detailed Answer
Correct Option: C
Please share this, thanks:

#JAMB #JAMB

Add your answer

Notice: Please post responsibly.

No responses