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stadium tickets on the night?","back":"A vertical, perfectly inelastic supply curve.","mcqOptions":null},{"id":"31aa02ce-5eb6-4746-86c9-78ee6042f74d","cardType":"basic","points":1,"front":"How is perfectly elastic supply drawn?","back":"As a horizontal line.","mcqOptions":null},{"id":"686f9305-f9a6-4476-a4af-d3f08d9e675f","cardType":"basic","points":1,"front":"What is the PES of perfectly elastic supply?","back":"Infinite.","mcqOptions":null},{"id":"c80c1407-a5b1-4105-8622-69ee591b029b","cardType":"basic","points":1,"front":"Below its set price, how much will a perfectly elastic firm supply?","back":"Nothing.","mcqOptions":null},{"id":"a963cadf-4cc2-439c-886e-08a884fd1bc5","cardType":"cloze","points":null,"front":"At its set price, a perfectly elastic firm supplies [ ].","back":"At its set price, a perfectly elastic firm supplies any quantity demanded.","mcqOptions":null},{"id":"ec23b2b6-2740-47e1-a49f-8ed7458fa40c","cardType":"basic","points":1,"front":"What production condition can create perfectly elastic supply?","back":"The firm can produce any amount at the same unit cost.","mcqOptions":null},{"id":"8f92f997-3dad-4e5f-bb3e-f0c276643add","cardType":"basic","points":1,"front":"Where do most real goods lie on the PES scale?","back":"Between perfectly elastic and perfectly inelastic.","mcqOptions":null},{"id":"49754ef9-e71a-459b-9ff0-735f37682fe3","cardType":"cloze","points":null,"front":"A crop this season needs a [ ] supply curve; a factory with spare capacity needs a shallow one.","back":"A crop this season needs a near-vertical supply curve; a factory with spare capacity needs a shallow one.","mcqOptions":null},{"id":"f57a34dd-61d2-467b-9f85-718f6a219678","cardType":"cloze","points":null,"front":"A crop this season needs a near-vertical supply curve; a factory with spare capacity needs a [ ] one.","back":"A crop this season needs a near-vertical supply curve; a factory with spare capacity needs a shallow 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Price axis
Quantity axis
Curve S

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