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The elasticity of supply for airplane travel one day in advance of the departure date is...

  1. The elasticity of supply for airplane travel one day in advance of the departure date is most likely to be A) between -1 and zero.

B) between zero and 1.
C) around 1.
D) substantially greater than 1. E) substantially lower than -1.

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Answer #1

Answer:

Option B is the right option.

The Elasticity of supply for airplane travel one day in advance of the departure date is most likely to be Between 0 and 1.

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