Economics 9708 · AS & A Level · Price elasticity of supply

Price elasticity of supply — practice question

A firm's supply curve is shown as a horizontal straight line. What conclusion can be drawn from this statement?

  • AQuantity supplied is infinite at the given price.
  • BQuantity supplied is infinite below the given price.
  • CQuantity supplied remains constant at all prices.
  • DQuantity supplied is perfectly inelastic.

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