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    Principles of Economics Study Set 12
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    Exam 4: Subtleties of the Supply and Demand Model
  5. Question
    If Supply Is Perfectly Elastic, Then the Supply Curve Must
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If Supply Is Perfectly Elastic, Then the Supply Curve Must

Question 24

Question 24

Multiple Choice

If supply is perfectly elastic, then the supply curve must


A) be vertical.
B) be horizontal.
C) be upward sloping.
D) be downward sloping.
E) have a slope of zero.

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