A Value of Infinity for the Elasticity of Supply of Some

question 124

Multiple Choice

A value of infinity for the elasticity of supply of some product implies that

• A)the supply curve is horizontal.
• B)supply is very unresponsive to price.
• C)the supply curve is vertical.
• D)the product will be supplied at any price.
• E)no product will be supplied at any price.

---

Definitions:

Search Box

A text field in a user interface where users can type in keywords to find specific information or content.

Contact Window

A section in communication software where user contacts are displayed and can be interacted with.

Account Settings

Options available to a user for managing their personal or service account information and preferences.

Remove Account

The process of deleting a user's account and its associated data from a platform, system, or service.