When Supply Is Perfectly Inelastic,the Supply Curve Is

question 73

Multiple Choice

When supply is perfectly inelastic,the supply curve is

• A) horizontal.
• B) vertical.
• C) upward sloping.
• D) downward sloping.
• E) U-shaped.

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Definitions:

Inuit Language

A group of languages spoken by the Inuit people across the arctic regions of Canada, Greenland, and Alaska.

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The sensory experience and interpretation of snow, including its visual characteristics and physical properties.

Availability Heuristic

A cognitive shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic or decision.

Headlines

The titles or captions used in newspapers, articles, or posts to catch the reader's attention.