If a linear supply curve has a zero intercept, the elasticity of supply is always unity. 2) If the elasticity of demand for a good rises, ceteris paribus, then the incidence of a specific tax on consumers will fall. 3) If the demand curve for a good is elastic, then a one percent reduction in the price of the good will increase a consumer's expenditure on the good. 4) During the winter of 1997-1998, the northeastern United States experienced warmer than usual condition. The price of home heating oil was less than it was during the previous winter, but people bought less home heating oil. This con