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If the supply curve for a product is horizontal, then the elasticity of supply is: equal to 1. greater than 1 but less than infinity. equal to infinity. equal to zero.

Problemas

If the supply curve for a product is horizontal, then the elasticity of supply is:
equal to 1.
greater than 1 but less than infinity.
equal to infinity.
equal to zero.

If the supply curve for a product is horizontal, then the elasticity of supply is: equal to 1. greater than 1 but less than infinity. equal to infinity. equal to zero.

Solución

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Aliciaprofessionell · Tutor durante 6 años
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If the supply curve for a product is horizontal, it means that the quantity supplied can change without any change in price. This indicates that suppliers are willing to supply any amount of the product at a given price.<br /><br />In this case, the elasticity of supply is:<br /><br />**equal to infinity.**<br /><br />This is because even a tiny change in price would result in an infinitely large change in the quantity supplied.
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