A perfectly inelastic supply curve means that ... a) a shift in demand will cause the quantity supplied to increase to infinity. b) any change in price will cause the quantity supplied to drop to zero. c) the quantity supplied depends entirely on the location of the demand curve. d) the supply curve is horizontal. e) the quantity supplied is completely fixed.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A perfectly inelastic supply curve means that ... a) a shift in demand will cause the quantity supplied to increase to infinity. b) any ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » A perfectly inelastic supply curve means that ... a) a shift in demand will cause the quantity supplied to increase to infinity. b) any change in price will cause the quantity supplied to drop to zero.