A FLAT supply curve indicates O Elastic supply O Inelastic supply O Low income elasticity O none of these

asked May 1, 2023 22.9k views

1 vote

A FLAT supply curve indicates

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

by Ifma

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5 votes

I believe it indicates it's an elastic supply

Berky answered May 4, 2023

by Berky

6.6k points

5 votes

Answer:

Elastic supply

Step-by-step explanation:

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

Brad Martin answered May 5, 2023

7.7k points

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