Search SchoolNGR

Saturday, 18 April 2026
Register . Login

If quantity supplied is constant irrespective of price changes, the supply elasticity is

If quantity supplied is constant irrespective of price changes, the supply elasticity is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Unitary
  • B Infinity
  • C Fairly elastic
  • D Perfectly inelastic
Correct Answer: Option D
Explanation:
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

Share question on: