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Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 6

9708Price elasticity of supply

A theatre has a fixed number of tickets to sell for each performance. What is the price elasticity of supply?

  1. Aperfectly elastic
  2. Bperfectly inelastic
  3. Cunit elastic and negative
  4. Dunit elastic and positive

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Correct answer: B. perfectly inelastic

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