If Supply Is Perfectly Elastic, Then the Supply Curve Must

question 24

Multiple Choice

If supply is perfectly elastic, then the supply curve must

• A)be vertical.
• B)be horizontal.
• C)be upward sloping.
• D)be downward sloping.
• E)have a slope of zero.

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Competence Stage

The phase in skill development where an individual has gained sufficient knowledge and ability to perform tasks reliably but not yet effortlessly.

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