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A perfectly elastic supply represents a case in which the quantity supplied of a commodity responds by an infinite amount to a very small change in price.
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Price elasticity of demand and price elasticity of supply (article) | Khan AcademyIf a particular good's price elasticity is high, does this mean the supplier should increase the supply, decrease it, or keep it constant?What is an example of an elastic supply?Price elasticity - What is price elasticity?Similar Questions
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What do you mean by a perfectly elastic supply?
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What do you mean by perfectly inelastic supply?
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What do you mean by elastic supply?
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What do you mean by unitary elastic supply?
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Perfectly elastic supply means _________.
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