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Business, 18.02.2020 21:37 Pbaer4861

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.

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The supply of product X is perfectly inelastic if the price of X rises by:

10 percent an...
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