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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    A Supply Curve That Is Vertical
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A Supply Curve That Is Vertical

Question 170

Question 170

Multiple Choice

A supply curve that is vertical


A) is perfectly elastic.
B) is perfectly inelastic.
C) is impossible.
D) has an elasticity equal to 1.

Correct Answer:

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