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Mandolina Mandolina
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6 years ago
If the supply curve were a vertical straight line, this would indicate that
A) producers would be willing to supply at a constant price as much of the product as consumers desired.
B) producers would be very responsive to price changes.
C) a change in price would not cause producers to alter their output.
D) a reduction in price would cause suppliers to reduce their output to zero.
E) supply was highly elastic.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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Mandolina Author
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6 years ago
YOU SAVED MY LIFE AND MY GRADE!

Thank you!
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