In case of straight line parallel to Y axis ........

Introductory Microeconomics Consumer Behavious and Demand

In case of_____________straight line parallel to Y-axis.

Perfectly elastic supply curve is a vertical

Unitary elastic

Perfectly inelastic

Less elastic

Option (3) is correct.
Explanation: When supply is perfectly inelastic, then supply curve is a vertical straight line parallel to Y-axis.

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