1.

In case of less elastic supply, supply curve:

Answer»

Makes an intercept on the postive X-axis
is a vortical STRAIGHT line parallel to the Y-axis
Makes an intercept on the positive Y-axis
s a horizontal straight line parallel to the X-axis

Solution :no change in PRICE , even then QUANTITY suplied is INCREASING. thus, SUPPLY curve makes an intercept on x-axis.


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