A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have ______.

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KollegeApply · Accepted Answer

A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have unitary elastic supply. Explanation: A linear supply curve starting from the origin and making a steep angle (such as 75 degrees) with the X-axis indicates that the quantity supplied changes by a smaller proportion compared to changes in price. This steep curve suggests that the supply is relatively inelastic, meaning that the elasticity of supply is less than 1.

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