A perfectly elastic supply curve would:
A) intersect the two axes at the origin.
B) intersect the horizontal axis.
C) be horizontal.
D) be vertical.

Name: A perfectly elastic supply curve would: A) intersect the two axes at the origin. B) intersect the horizontal axis. C) be horizontal. D) be vertical.
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Question

Quizplus · Accepted Answer

A perfectly elastic supply curve is horizontal, indicating that the quantity supplied can change without any change in price.

A Perfectly Elastic Supply Curve Would