Answer: equal to unity
Notes: The elasticity of supply in the supply curve of any straight line passing through the origin is equal to 1. The different types of price elasticity of supply are listed below: Elasticity Description Effect on supply of a 1% increase in price between 0 and 1 in a perfectly inelastic elastic 1 unitary elastic 1% increased by 1% higher Elastic increased by more than 1 Infinite perfectly elastic infinite increase over 1%.
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