Answered: What is the direction of a perfectly…

What is the direction of a perfectly elastic supply curve? horizontal vertical downward sloping to the left upward sloping to the right

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 1SQ

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What is the direction of a perfectly elastic supply curve?
horizontal
vertical
downward sloping to the left
upward sloping to the right

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