What is the price elasticity of supply for a supply curve that originates from the origin?

Show Answers

The price elasticity of supply is more than oneThe price elasticity of supply equals oneThe price elasticity of supply is less than oneThe price elasticity of supply is positiveThe price elasticity of supply is zero

Explanation

A supply curve beginning at the origin indicates that the percentage change in quantity supplied matches the percentage change in price, resulting in a price elasticity of supply equal to one.