If the Supply Curve of a Good Is Vertical, Then

question 14

Multiple Choice

If the supply curve of a good is vertical, then the elasticity of supply is:

• A)equal to zero.
• B)equal to one.
• C)greater than one but less than infinity.
• D)equal to infinity.
• E)less than one.

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Definitions:

Phentermine-topiramate

A prescription medication combination used for weight loss that decreases appetite and increases feelings of fullness.

E. coli

A type of bacteria that normally lives in the intestines of humans and animals; some strains can cause food poisoning.

Food Allergen

A substance in foods that can trigger an abnormal immune response in some individuals, leading to allergic reactions.

Legume

A family of plants including beans, peas, and lentils, known for their ability to fix nitrogen and their nutritional seeds.