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Question

what is the price elasticity Of a supply curve passing through the origin and making an angle of 60* with OX axis

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Solution

Dear Student,
Price elasticity of supply passing through the origin is always unity or the curve is said to be unit elastic. It does not depend on the angle it is making with x-axis (even it is making the angle of 60). If it is passing through the origin it will be unit elastic.

Regards

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