A vertical supply curve indicates that?

a

the quantity supplied is responsive to price

b

the same fixed quantity will be supplied no matter the price

c

an increase in price will result in an increase in the quantity supplied

d

there is a fixed price for the commodity below which no supply will be made

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b

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M.Kstyles
7 years ago

A vertical supply curve indicates that no matter the price,
only X amount of a good or service will
be offered at market.

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