单选题
Which of the following most accurately describes elasticity of supply?
Elasticity of supply is the percentage change in the quantity supplied divided
by the percentage change in:
A. price and it equals zero when supply is perfectly elastic.
B. price and it equals zero when supply is perfectly inelastic.
C. quantity demanded and it equals infinity when supply is perfectly
inelastic.
【正确答案】
B
【答案解析】Elasticity of supply equals zero when the supply curve is vertical, indicating perfectly inelastic supply.