Meaning of perfectly inelastic supply
Perfectly inelastic supply
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Economics terminology
Glossary of economics terms and concepts
Meaning and definition of perfectly inelastic supply
Product or resource supply in which price can be of any amount at a particular quantity of the product or resource demanded, quantity supplied does not respond to a change in price, graphs as a vertical supply curve.
For the term perfectly inelastic supply may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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Perfectly inelastic supply
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