The Supply Curve for Land Is Perfectly Elastic

question 141

True/False

The supply curve for land is perfectly elastic.

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Definitions:

Nervous System

The part of an organism that coordinates its actions by transmitting signals to and from different parts of its body.

Neuron

A specialized cell transmitting nerve impulses; the basic building block of the nervous system.

Cell Membrane

A biological membrane that separates the interior of all cells from the outside environment, controlling the passage of substances in and out of the cell.

Soma

In biological terms, it refers to the body of an organism as distinct from its reproductive cells; in neuroscience, it refers to the cell body of a neuron.