A Supply Curve That Is Parallel to the Price Axis

question 20

Multiple Choice

A supply curve that is parallel to the price axis is

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

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Definitions:

Primary Motor Cortex

Region of frontal lobe that controls voluntary movement.

Voluntary Movement

Movement controlled by the individual through conscious effort, involving skeletal muscles.

Cerebral Cortex

The outer layer of the cerebrum in the brain, responsible for complex brain functions such as thought, memory, and decision-making.

Parasympathetic Nervous System

A division of the autonomic nervous system responsible for conserving energy and promoting "rest and digest" functions, counterbalancing the sympathetic nervous system.