Q. A vertical supply curve parallel to the price axis implies that the elasticity of supply is:
A. Zero
B. Indinity
C. Equal to one
D. Greater than zero but less than infinity
Answer: Zero
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Q. A vertical supply curve parallel to the price axis implies that the elasticity of supply is:
A. Zero
B. Indinity
C. Equal to one
D. Greater than zero but less than infinity
Answer: Zero