Which of the following goods has a perfectly inelastic supply?
A) insulin
B) Diet Pepsi
C) the original portrait of "Whistler's Mother"
D) compact discs by Bush

Name: Which of the following goods has a perfectly inelastic supply? A) insulin B) Diet Pepsi C) the original portrait of "Whistler's Mother" D) compact discs by Bush
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The original portrait of "Whistler's Mother" has a perfectly inelastic supply because it is a unique item that cannot be reproduced or increased in quantity.

Which of the Following Goods Has a Perfectly Inelastic Supply