Home » Economics » When price elasticity of supply is equal to 0.4, supply is said to beWhen price elasticity of supply is equal to 0.4, supply is said to be When price elasticity of supply is equal to 0.4, supply is said to be A. inelastic B. elastic C. unitary elastic D. public utilities Correct Answer: Option A Explanation Related Posts Disposable income equals The most frequent occurring value in a given data is the Retailers in an economy perform the function of By subsistence production we mean? Demand patterns are determined by the market on the basis of Occupational distribution of population determines the