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2013. 5. 9. · A perfectly inelastic supply relation would be defined as one where the quantity produced remains static under any price change. If we'd plot this curve in the familiar demand-supply framework. 2021. 8. 6. · First, if supply is perfectly price elastic, then it means that any change in price. A perfectly inelastic supply curve means quantity supplied would not change in response to a price change; Graphically,. Source: thebalance.com. 414 perfectly inelastic and perfectly elastic demand 421. D) the supply curve is horizontal e) the quantity.

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