The elasticity of supply at any point on a given supply curve passing through the origin point making angle of 35 degree with X-axis is ______.

CA Foundation · Business Economics · MTP · January 2026
The elasticity of supply at any point on a given supply curve passing through the origin point making angle of 35 degree with X-axis is ______.
(A) A. Greater than one
(B) B. Less than one
(C) C. Equal to one
(D) D. Any of the above

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Equal to one

Topics: Theory of Demand and Supply

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