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The Bored Ape Yacht Club was a popular collection of non-fungible tokens (NFTs) in 2021. Each Bored Ape NFT is a one-of-a-kind digital piece of
The Bored Ape Yacht Club was a popular collection of non-fungible tokens (NFTs) in 2021. Each Bored Ape NFT is a one-of-a-kind digital piece of art showing a cartoon ape in a costume or with cyborg like features, see example below. The supply curve for a specific Bored Ape NFT is:
A)perfectly inelastic.
B) somewhat inelastic.
C) perfectly elastic.
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