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Question Practice

Which scenario describes perfectly inelastic supply?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
The Theory Of The Firm Under P...
Question Bank

Which scenario describes perfe...

Single Answer MCQ
Q-00089585

Which scenario describes perfectly inelastic supply?

1

Supply increases with price changes

2

Supply remains constant regardless of price

3

Supply falls with price increases

4

Supply varies with high elasticity

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