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Price Elasticity of Supply on a Graph
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Problem 10
Price Elasticity of Supply on a Graph
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4. Elasticity / Price Elasticity of Supply on a Graph / Problem 2
Problem 2
In a perfectly inelastic supply curve, what happens to quantity supplied when price changes?
A
Quantity supplied fluctuates unpredictably.
B
Quantity supplied decreases with price increases.
C
Quantity supplied increases with price increases.
D
Quantity supplied remains constant regardless of price changes.
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