If the quantity supplied of a product stays the same no matter what its price, then the elasticity of supply of the product is
A)perfectly elastic.
B)unit elastic.
C)zero.
D)perfectly inelastic.
E)infinity.

Question

Quizplus · Accepted Answer

If the quantity supplied remains the same regardless of the price of the product, then the supply curve is a vertical line, which means that the elasticity of supply is zero, or perfectly inelastic.

If the Quantity Supplied of a Product Stays the Same