perfectly elastic supply
perfectly elastic supply noun: 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.
Noun
perfectly elastic supply (plural perfectly elastic supplies)
- 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.
Forms of perfectly elastic supply
| plural | perfectly elastic supplies |
|---|
Questions about perfectly elastic supply
- What does perfectly elastic supply mean?
- Perfectly elastic supply means 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.
- What part of speech is perfectly elastic supply?
- Perfectly elastic supply is a noun.
- What is the plural of perfectly elastic supply?
- The plural of perfectly elastic supply is perfectly elastic supplies.
Words near perfectly elastic supply in the dictionary
Source and license
Adapted from Wiktionary: perfectly elastic supply (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “perfectly elastic supply.” Word.ws, https://word.ws/perfectly_elastic_supply. Based on Wiktionary, CC BY-SA 4.0.
