If the quantity of a good supplied is not very sensitive to the price of the good, this is illustrated by a: Odemand curve that is relatively flat (more horizontal). Odemand curve that is relatively steep (more vertical). Osupply curve that is relatively flat (more horizontal). ? supply curve that is relatively steep (more vertical).
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This means that even if the price of the good changes, the quantity supplied does not change significantly. Show more…
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