Solved

If There Is No Change in Price That Can Alter

Question 171

Multiple Choice

If there is no change in price that can alter the quantity supplied then the supply for the good is


A) Perfectly elastic
B) Inelastic
C) Perfectly unit elastic
D) Perfectly inelastic

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q163: If a good is inferior the income

Q164: If a good is a luxury the

Q165: If the percentage change in quantity supplied

Q166: If the percentage change in price is

Q167: If the percentage change in quantity supplied

Q168: If the percentage change in price is

Q169: If the percentage change in quantity supplied

Q170: If the percentage change in price is

Q172: If the percentage change in quantity supplied

Q173: If a good is a necessity the

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents