When Supply Is Perfectly Elastic,the Supply Curve Is

question 78

Multiple Choice

When supply is perfectly elastic,the supply curve is

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

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Definitions:

Electronic Device

A device that operates on electricity, typically using semiconductors and electronic circuits to perform its function.

Cones

Photoreceptor cells in the retina of the eye that are responsible for color vision and function best in relatively bright light.

Fovea

Refers to a small depression in the retina of the eye where visual acuity is highest, responsible for sharp central vision.

Retina

The thin layer of tissue that lines the back of the eye on the inside, responsible for receiving light and converting it into neural signals that are sent to the brain.