A Perfectly Elastic Supply Curve Is

question 156

Multiple Choice

A perfectly elastic supply curve is

• A) a straight line that crosses the horizontal axis.
• B) a straight line coming out of the origin.
• C) a horizontal straight line.
• D) a vertical straight line.

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Definitions:

Variables

Elements or factors that can change and affect the outcome of scientific experiments or research studies, allowing researchers to determine effects and correlations.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.

Prejudice

A negative feeling toward an individual based solely on his or her membership in a particular group.

Correlation Coefficient

A statistical measure that calculates the strength of the relationship between two variables.