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Meaning of perfectly elastic supply | Babel Free

Noun CEFR C1

Definitions

A situation in which firms are able and willing to supply any quantity of a good or service at the going price, i.e., the supply is infinite.

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

perfectly inelastic supply Perfectness perfecto perfector Perfects perfectus