A perfectly elastic supply curve would be vertical, but a perfectly inelastic supply curve would be horizontal.

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A perfectly elastic supply curve would be vertical, but a perfectly inelastic supply curve would be horizontal. True or False.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 03:01 AM

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A perfectly elastic supply curve would be vertical, but a perfectly inelastic supply curve would be horizontal.

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Exploring Macroeconomics

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