Question

If a supply curve is a vertical​ line, it is​ ________, and if it is a horizontal​ line, it is​ ________.

Answer 1

what's the answer choices

Answer 2

If a supply curve is a vertical line, it is a perfectly inelastic supply. If it is a horizontal line, it is a perfectly elastic supply.

I attached an image below of an example of these types of curves.

Hope this helps :)