The supply of known Monet paintings is
A)perfectly elastic.
B)perfectly inelastic.
C)relatively elastic.
D)relatively inelastic.

Name: The supply of known Monet paintings is A)perfectly elastic. B)perfectly inelastic. C)relatively elastic. D)relatively inelastic.
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Question

Quizplus · Accepted Answer

The supply of known Monet paintings is perfectly inelastic because the quantity of these paintings cannot be increased, regardless of the price. Claude Monet cannot create more paintings, so the supply is fixed.

The Supply of Known Monet Paintings Is