When Supply Is Perfectly Elastic,the Supply Curve Is

question 78

Multiple Choice

When supply is perfectly elastic,the supply curve is

• A) vertical.
• B) upward sloping.
• C) U-shaped.
• D) horizontal.
• E) downward sloping.

---

Definitions:

Exchange

The act of giving up one thing (money,credit, labor, goods) in return for something else (goods, services, or ideas).