If the price of a product falls by 25%, and the quantity supplied falls by 25%, we can say that the elasticity of supply is:

inelastic.

unitary elastic.

elastic.

perfectly elastic.

perfectly inelastic

1. Ekuacantake 1 hour to harvest 5 bushels of mangoes or 2 hours to harvest 3 bushels of oranges. Araba can harvest 5 bushels of mangoes in 2 hours or 4 bushels of oranges in 2 hours. Ekuashould specialize in the production of

oranges.

mangoes.

both goods.

neither mangoes nor oranges.