The supply curve of a one-of-a-kind original painting is
A)relatively elastic.
B)relatively inelastic.
C)perfectly inelastic.
D)perfectly elastic.

Name: The supply curve of a one-of-a-kind original painting is A)relatively elastic. B)relatively inelastic. C)perfectly inelastic. D)perfectly elastic.
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Question

Quizplus · Accepted Answer

The supply curve of a one-of-a-kind original painting is perfectly inelastic because the quantity available does not change regardless of the price.

The Supply Curve of a One-Of-A-Kind Original Painting Is