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JAMB - Economics (2012 - No. 10)

If quantity supplied is constant irrespective of price changes, the supply elasticity is
unitary
infinity
fairly elastic
perfectly inelastic

ব্যাখ্যা

perfectly inelastic is a situation in which the price of a product will have no effect on the supply. This means that, a change in price would lead to no change in the quantity supplied

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