(Figure: Supply Curve for Olive Oil) Use Figure: Supply Curve for Olive Oil. The figure depicts a supply curve that is:

A)perfectly inelastic.
B)inelastic.
C)elastic.
D)perfectly elastic.

Question

(Figure: Supply Curve for Olive Oil) Use Figure: Supply Curve for Olive Oil. The figure depicts a supply curve that is:

A)perfectly inelastic. 
B)inelastic. 
C)elastic. 
D)perfectly elastic.

Quizplus · Accepted Answer

The Answer of (Figure: Supply Curve for Olive Oil) Use Figure: Supply Curve for Olive Oil. The figure depicts a supply curve that is:

A)perfectly inelastic. 
B)inelastic. 
C)elastic. 
D)perfectly elastic.