In the diagram, above Ps is the supply curve for a particular commodity, while OP is the price which of the following statements is correct? - SchoolNGR

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In the diagram, above Ps is the supply curve for a particular commodity, while OP is ...

In the diagram, above Ps is the supply curve for a particular commodity, while OP is the price which of the following statements is correct?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A The quantity supplied is infinitely elastic
B When price is zero, the quantity supplied infinite
C When price is infinite, the quantity supplied zero
D The quantity supplied is definite

Correct Answer: Option A

Explanation:

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