If the supply curve is perfectly inelastic, what is the opportunity cost of the supplier?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:02 AM

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If the supply curve is perfectly inelastic, what is the opportunity cost of the supplier?

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If the supply curve is perfectly inelastic it means that the quantity supplied doe...View the full answer

Microeconomics

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