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A Vertical Supply Curve Indicates That? - Erudites Academy
Economics JAMB

A vertical supply curve indicates that?

A. the quantity supplied is responsive to price
B. the same fixed quantity will be supplied no matter the price
C. an increase in price will result in an increase in the quantity supplied
D. there is a fixed price for the commodity below which no supply will be made

Correct Answer:

Option B – the same fixed quantity will be supplied no matter the price

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