asked 22.9k views
1 vote
A FLAT supply curve indicates

O Elastic supply
O Inelastic supply
O Low income elasticity
O none of these

asked
User Ifma
by
7.6k points

2 Answers

5 votes
I believe it indicates it's an elastic supply
answered
User Berky
by
7.5k points
5 votes

Answer:

Elastic supply

Step-by-step explanation:

As quantity demanded increases, price stays the same. This means it is perfectly elastic.

answered
User Brad Martin
by
8.5k points
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