wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The market period supply curve for perishable commodities is ________.

A
relatively inelastic
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
perfectly inelastic
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
relatively elastic
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
perfectly elastic
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A perfectly inelastic

The market-period supply curve of a perishable commodity is perfectly inelastic, or a vertical straight line.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Barter System
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon