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If the price elasticity of supply equals zero, this implies that: Group of answer choices the percentage change in quantity supplied equals the percentage change
If the price elasticity of supply equals zero, this implies that:
Group of answer choices
the percentage change in quantity supplied equals the percentage change in product price.
the period under consideration is a very long-run time period.
the supply curve is perfectly vertical.
the percentage change in quantity supplied exceeds the percentage change in product price.
suppliers can easily change the quantity supplied of the product as the price of the product changes.
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