Economy, asked by ssusj8361, 10 months ago

Elasticity of supply is zero means :
(a) perfectly inelastic supply
(b) perfectly elastic supply
(c) imperfectly elastic supply
(d) None of the above

Answers

Answered by subhraghosh101
2

Answer:

a) perfectly inelastic supply...

Hope it helps

Answered by Anonymous
10

Answer:

A perfectly inelastic supply curve is a vertical line. There is perfectly elastic supply when even a tiny increase or reduction in the price will lead to very large changes in the quantity supplied, so that the price elasticity of supply is infinite. A perfectly elastic supply curve is a horizontal line.

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