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gyoku2302 gyoku2302
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A year ago
A value of infinity for the elasticity of supply of some product implies that

▸ the product will be supplied at any price.

▸ the supply curve is horizontal.

▸ supply is very unresponsive to price.

▸ no product will be supplied at any price.

▸ the supply curve is vertical.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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blf1210blf1210
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