Perfectly inelastic demand problem
When will an augment in supply entail a raise in price however no change in quantity?
Expert
In case of perfectly inelastic demand, a raise in supply leads to a raise in price although no change in quantity.
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The resource least probable to conform to the supply curve demonstrated in this figure would be: (w) land. (x) capital. (y) labor. (z) entrepreneurship. Discover Q & A Leading Solution Library Avail More Than 1435842 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1926042 Asked 3,689 Active Tutors 1435842 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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