Answered: The supply curve is perfectly inelastic…

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The supply curve is perfectly inelastic at: A. overtime B. The market period C. Long run D. The short-run

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter6: Elasticities

Section: Chapter Questions

Problem 12P

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Question

The supply curve is perfectly inelastic at:

overtime

The market period

Long run

The short-run

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