The supply of product X is perfectly inelastic if the price of X rises by:
10 percent an...
The supply of product X is perfectly inelastic if the price of X rises by:
10 percent and quantity supplied stays the same.
7 percent and quantity supplied rises by 5 percent.
5 percent and quantity supplied rises by 7 percent.
8 percent and quantity supplied rises by 8 percent.
Answers: 3
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