When the supply line is horizontal, it indicates that the quantity supplied remains constant regardless of changes in price. This typically occurs in perfectly elastic supply scenarios, where producers are willing to supply any amount of a good or service at a specific price but none at any lower price. In such cases, even a small change in price would not affect the quantity supplied, reflecting a highly competitive market condition.
What it means is horizontal line is like the horizon it goes across
A straight horizontal line is a line that goes sideways, often represented by the equation y=a where a is any real number.
A horizontal line.A horizontal line.A horizontal line.A horizontal line.
The one that runs left to right, you mean..
That means the line is horizontal. It runs parallel to the X axis.
"implies an elasticity equal to infinity" you have a horizontal straight line, you are right that e will be infinite . It will be perfectly elastic at all the points on the line. Because no change in quantity will be will change the price.
H for horizontal. You may remember this by the letter H. Remember the ' - ' as the horizontal line which connects the ' l ' and ' l ' in the alphabet 'H'. ------------------- <-- This is a horizontal line. | | | | <-- This is a vertical line. | |
It means that the function is constant.
What it means is horizontal line is like the horizon it goes across
A straight horizontal line is a line that goes sideways, often represented by the equation y=a where a is any real number.
What do you mean? As in if you connect two points that make a horizontal line? Are you trying to figure out the Slope? The slope of a horizontal line is 0. And the slope of a vertical line is undifined. If that's what you were asking. Or if you were asking plainly what it is when that happens, it's just a horizontal line.
horizontal
A horizontal line.A horizontal line.A horizontal line.A horizontal line.
if you mean the horizontal line on a graph t is refered to as the x axis or y=0
It shows that the pair mated. :)
Ukraine
Those are parralel lines.