Ayushi Asked a Question
August 25, 2020 2:12 pmpts 30 pts
07. The elasticity of substitution between perfect substitutes will be: (2 Greater than zero (4 Infinity (1) Zero 3) Less than infinity (1) (2 Te (3) (4)31
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  • Nidhi taparia Best Answer
    The answer is (4) Infinity. Elasticity of Substitution between factors implies their degree of substitutability or how much of one factor will have to be increased when one unit o...
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    Ayushi
    thank you ma'am