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A Perfectly Inelastic Supply Curve Is A

Question 216

Multiple Choice

A perfectly inelastic supply curve is a:


A) vertical line indicating that a very large increase in price will increase the quantity supplied.
B) vertical line indicating that even a very large increase in price won't increase the quantity supplied.
C) horizontal line indicating that a very small increase in price will increase the quantity supplied.
D) horizontal line indicating that even a very small increase in price won't increase the quantity supplied.

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