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Author Question: A perfectly elastic supply curve a. has no relevance, since real-world supply curves are never ... (Read 189 times)

ghost!

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on: Jul 1, 2018
A perfectly elastic supply curve
 a. has no relevance, since real-world supply curves are never perfectly elastic
  b. is a horizontal straight line
  c. is a vertical straight line
  d. is an upward-sloping straight line
  e. is not a straight line

Question 2

Today's supply curve of dorm rooms on campus is likely to be
 a. downward sloping
  b. relatively flat
  c. vertical
  d. horizontal
  e. price elastic


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bd5255

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


ghost!

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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