If the quantity supplied is infinitely responsive to any change in price, the supply curve has a price elasticity of supply equal to infinity.
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Q239: Q240: If supply is perfectly elastic, the price Q241: Suppose that the percentage change in demand Q242: An increase in demand will cause a Q243: Suppose that the percentage change in demand Q245: If the quantity supplied is perfectly inelastic Q246: Suppose that the percentage change in supply Q247: A vertical supply curve is infinitely elastic. Q248: Suppose that the price elasticity of supply Q249: Draw the supply curve for a good
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