If the quantity supplied stays the same no matter what the price is, then supply is
A) perfectly inelastic.
B) perfectly elastic.
C) unit elastic.
D) undefined.

Question

Quizplus · Accepted Answer

When the quantity supplied remains unchanged even if there is a change in price, it indicates that the supply is perfectly inelastic. It means that the producers are unable to increase or decrease the amount supplied, regardless of what the price is.

If the Quantity Supplied Stays the Same No Matter What