101) If a fisherman must sell all of his daily catch before it spoils for whatever price he is offered, once the fish are caught the fisherman’s price elasticity of supply for fresh fish is
Answer is:
zero
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
demand is price inelastic
Answer is:
unit price elastic
Answer is:
reduce total revenue to farmers as a whole because the demand for food is inelastic.
Answer is: