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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    A Perfectly Elastic Supply Curve
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A Perfectly Elastic Supply Curve

Question 54

Question 54

Multiple Choice

A perfectly elastic supply curve


A) has no relevance, since real-world supply curves are never perfectly elastic
B) is a horizontal straight line
C) is a vertical straight line
D) is an upward-sloping straight line
E) is not a straight line

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