When a Higher Price Cannot Bring About Any Increase in the Quantity

question 62

Multiple Choice

When a higher price cannot bring about any increase in the quantity supplied, the supply is

• A)perfectly elastic.
• B)unit elastic.
• C)zero.
• D)perfectly inelastic.
• E)infinity.

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Definitions:

Nontraditional

Referring to approaches, methods, or ideas that deviate from established norms or standards.

Externalizing

Exhibiting behavior that projects one's inner conflicts or emotions onto the external world, often through aggressive or problematic actions.

Aggressive

Characterized by or resulting from a forceful, hostile, or assertive attitude or behavior.

Hostile

Showing or feeling opposition or dislike; unfriendly and antagonistic in behavior or attitude.