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    Economics-Microeconomics
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    Exam 4: Elasticity
  5. Question
    If the Supply Curve Is Vertical, Then Supply Is
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If the Supply Curve Is Vertical, Then Supply Is

Question 114

Question 114

Multiple Choice

If the supply curve is vertical, then supply is


A) relatively elastic.
B) perfectly elastic.
C) perfectly inelastic.
D) relatively inelastic.

Correct Answer:

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