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A manufacturer produces 1,000 units, regardless of the market price. for this firm, the price elasticity of supply is
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A manufacturer produces 1,000 units, regardless of the market price. for this firm, the price elasticity of supply is

User Serop
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Zero.

Price elasticity of supply is a measure of how much supply changes in response to a change in price. Since this company doesn't change their supply at all depending on the price, their elasticity of supply is zero.

User Filou
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