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If the Quantity Supplied Is Infinitely Responsive to Any Change

question 102

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If the quantity supplied is infinitely responsive to any change in price, the supply curve has a price elasticity of supply equal to infinity.

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Definitions:

Confidence

The feeling of self-assurance arising from an appreciation of one's own abilities or qualities.

Serial Murderers

Individuals who commit a series of murders, usually with psychological gratification as their primary motive.

Empathy

The ability to understand and share the feelings of another from their perspective.

Manipulators

Manipulators are individuals who influence or control others in a clever or unscrupulous way, often for personal gain or advantage.

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