+2 votes
in Class 12 by kratos

If the supply curve is a straight line parallel to the vertical axis (Y-axis), supply of the good is called as__

(a) Unitary Elastic Supply

(b) Perfectly Elastic Supply

(c) Perfectly Inelastic Supply

(d) Perfectly Elastic Demand

1 Answer

+4 votes
by kratos
 
Best answer

(c) Perfectly Inelastic Supply

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