When supply is completely inelastic, the elasticity of supply is equal to

One

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Greater than one

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Zero

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Infinite

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Solution

The correct option is B
Greater than one

If there is no change in the quantity supplied with changes in the price of the product, then the supply of that commodity becomes completely inelastic, i.e. the elasticity of supply is zero.

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Q. Elasticity of supply is zero means.

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When supply is completely inelastic, the elasticity of supply is equal to

The correct option is B Greater than one If there is no change in the quantity supplied with changes in the price of the product, then the supply of that commodity becomes completely inelastic, i.e. the elasticity of supply is zero.

The correct option is B
Greater than one

If there is no change in the quantity supplied with changes in the price of the product, then the supply of that commodity becomes completely inelastic, i.e. the elasticity of supply is zero.