-If the supply curve is ________,the elasticity of supply is ________.
A) vertical; infinite
B) vertical; 0
C) horizontal; 1
D) horizontal; 0
E) a straight, upward sloping line through the origin; 0

Question

-If the supply curve is ________,the elasticity of supply is ________.
A) vertical; infinite 
B) vertical; 0 
C) horizontal; 1 
D) horizontal; 0 
E) a straight, upward sloping line through the origin; 0

Quizplus · Accepted Answer

A vertical supply curve indicates that the quantity supplied does not change regardless of price changes, meaning the elasticity of supply is 0.

-If the Supply Curve Is ________,The Elasticity of Supply Is