in-a-perfectly-inelastic-supply-curve-what-happens-to-quantity-supplied-when-pri

Question

In a perfectly inelastic supply curve, what happens to quantity supplied when price changes?

Accepted Answer

Quantity supplied remains constant regardless of price changes.

Answer

Quantity supplied fluctuates unpredictably.

Answer

Quantity supplied decreases with price increases.

Answer

Quantity supplied increases with price increases.