If supply is elastic, the supply curve will be nearly vertical.

Name: If supply is elastic, the supply curve will be nearly vertical.
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If supply is elastic, the supply curve will be nearly flat or horizontal, as a small change in price will lead to a relatively larger change in quantity supplied. If supply is inelastic, the supply curve will be nearly vertical, as producers are unable to increase or decrease the quantity supplied in response to changes in price.

If Supply Is Elastic, the Supply Curve Will Be Nearly