If Sellers Respond to Very Small Changes in Price by Adjusting

question 23

Multiple Choice

If sellers respond to very small changes in price by adjusting their quantity supplied by extremely large amounts,the price elasticity of supply approaches

• A)zero,and the supply curve is horizontal.
• B)zero,and the supply curve is vertical.
• C)infinity,and the supply curve is horizontal.
• D)infinity,and the supply curve is vertical.

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Definitions:

Polyploid

An organism or cell having more than two complete sets of chromosomes, often resulting in greater complexity or size.

Flowering Plant Species

Species of plants that produce flowers as their reproductive structures, classified within the group Angiosperms.

Autosomal Dominant

Autosomal dominant refers to a pattern of inheritance in which an allele on a non-sex chromosome leads to a trait or disorder being expressed even if only one copy is present.

Family Generation

A term referring to a stage or level in a family lineage, often signifying the division between parents, their children, and their children's children, etc.