The supply curve for space on the freeway is perfectly horizontal.

Name: The supply curve for space on the freeway is perfectly horizontal.
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Question

Quizplus · Accepted Answer

The supply of space on the freeway cannot be perfectly horizontal as there are limitations to the number of lanes and the space available, which can affect the supply. For example, during peak hours, the supply might be limited due to congestion, while during off-peak hours, the supply might be relatively more abundant.

The Supply Curve for Space on the Freeway Is Perfectly