Which of the following goods would BEST be described as being in perfectly inelastic supply?
A) Insulin
B) The original portrait of "Whistler's Mother"
C) Pepsi Max
D) CDs by Rihanna

Question

Quizplus · Accepted Answer

The original portrait of "Whistler's Mother" is an example of a good in perfectly inelastic supply because there is only one original, and no more can be produced regardless of the demand or price changes.

Which of the Following Goods Would BEST Be Described as Being