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1 vote
A FLAT supply curve indicates

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

User Ifma
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2 Answers

5 votes
I believe it indicates it's an elastic supply
User Berky
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5 votes

Answer:

Elastic supply

Step-by-step explanation:

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

User Brad Martin
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