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The theory of the firm under perfect competition — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsThe theory of the firm under perfect competition1 Mark
Question
A perfectly inelastic supply curve will be:
  1. Parallel to X-axis.
  2. Parallel to Y-axis.
  3. Downward sloping.
  4. None of these.
✓

Answer

  1. Parallel to Y-axis.

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