If the Quantity Supplied Is the Same Regardless of Price,then

question 61

Multiple Choice

If the quantity supplied is the same regardless of price,then supply is

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

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Definitions:

Public Behavior

Actions or conduct exhibited by individuals in social settings or amongst the general public.

Assent

Agreement or approval, often used in the context of minors or others not able to give legal consent.

Minor

A term often used to describe something of lesser importance, size, or degree, or individuals under the age of legal adulthood.

Consent

Agreement or permission given by a person after understanding what is being asked or required, crucial in ethical research practices.