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

question 17

Multiple Choice

If the quantity supplied is the same regardless of price,what would the supply curve be

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

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Definitions:

Performance Rating Factor

A coefficient used to adjust a worker's observed time to establish a standard time for a specific task, taking into account differences in worker performance.

Labour Standards

refers to the set of regulations and criteria that determine the minimum safe and healthy conditions for workers in the workplace.

Historical Experience

The knowledge and insights gained from past events and activities, which can inform future decisions and strategies.

Time Study

A method used to determine the time required for an employee to complete a given job.