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Supply curves can have varying degrees of price elasticity. Show graphically a perfectly elastic, a perfectly inelastic, and a unit-elastic supply curve. On Graph 1:

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Supply curves can have varying degrees of price elasticity. Show graphically a perfectly elastic, a perfectly inelastic, and a unit-elastic supply curve. On Graph 1: 1.) Using the line drawing tool, draw a supply curve that is perfectly elastic. Label your curve 'Sperfec\"y Elastic - Carefully follow the instructions above and only draw the required object. Price 10 Graph 1 T T 4 6 8 10 Quantity

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