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9 January, 20:58

If sellers do not adjust their quantity supplied at all in response to a change in price, the price elasticity of supply is

a. infinity, and the supply curve is vertical.

b. infinity, and the supply curve is horizontal.

c. zero, and the supply curve is horizontal.

d. zero, and the supply curve is vertical.

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Answers (1)
  1. 9 January, 22:57
    0
    D

    Explanation: zero, and the supply curve is vertical.
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