A perfectly inelastic supply curve in a competitive market: a. Means the equilibrium price must be zero. b. Exists when firms cannot vary input usage. c. Implies a vertical demand curve. d. Says the market supply curve is horizontal.
A perfectly inelastic supply curve in a competitive market: a. Means the equilibrium price must be zero. b. Exists when firms cannot vary input usage. c. Implies a vertical demand curve. d. Says the market supply curve is horizontal.
发布时间:2025-09-04 17:33:49