Business Studies, asked by KARTIK8808, 1 year ago

when supply curve is parallel to x axis, elasticy of supply?

Answers

Answered by anmol4032

The elasticity of supply for such a service or commodity is zero. A perfectly inelastic supply curve is a straight lineparallel to the Y-axis. This is representative of the fact that the supplyremains the same irrespective of the price.

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