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A market supply curve has three prices - $400, $4.50 and $5.00 - with a quantity supplied of 7 tonnes at the price of $4.00.9
A market supply curve has three prices - $400, $4.50 and $5.00 - with a quantity supplied of 7 tonnes at the price of $4.00.9 tonnes at $450 and 11 tonnes at $5.00 a: Is this supply curve a straightine? This curve is not a straight line because it does not have a constant slope. This curveis a straight line because it has a constant slope of 25 This curve is a straight line because it has a constant slope of 0.5 This curve is a straight line because it has a constant slope of What is the price elasticity of supply between pages 500 and $450 ang between prices $450 and 155.002Do not round your en tant to using the dutie door can your calculation de chat etter scias end door de The price oloticity of supply between price 54.0 and $450, and between prices $450 and $5.00 c. Based on your answers to parts: tall and (b) musta tipoly curve with a constantelope han constantinumerical elasticity A spy cute with a constant slope does not need to have a constant estry, plopantentant supply elasticity A supply curve with a constant stope does not need to have a constant elasticity A cupoly curve wnose slope varies must have a constant supply elasticity A supply curve whose stope varies has a supply elasticity which varies by exactly the same proportions A supply curve with a constant slope must have a constant supply elasticity
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