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

6.4k points

Please log in or register to add a comment.

5 votes

I believe it indicates it's an elastic supply

Berky answered May 4, 2023

by Berky

6.4k 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

7.5k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.9m questions

10.5m answers