A supply curve parallel to the X-axis indicates

  • A fairly elastic supply
  • B infinitely elastic supply
  • C fairly inelastic supply
  • D perfectly inelastic supply
jamb 2022english-language

The correct answer is B. infinitely elastic supply

Infinitely elastic supply curve is parallel to the x-axis i.e at a fixed price, there is change in quantity supplied. es = ∞

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