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Stolb23 [73]
3 years ago
8

A perfectly inelastic supply curve means that … a) a shift in demand will cause the quantity supplied to increase to infinity. b

) any change in price will cause the quantity supplied to drop to zero. c) the quantity supplied depends entirely on the location of the demand curve. d) the supply curve is horizontal. e) the quantity supplied is completely fixed.

Business
1 answer:
Jet001 [13]3 years ago
5 0

Answer: A perfectly inelastic supply curve means that<u><em>  the quantity supplied is completely fixed.</em></u>

Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.

<u><em>Therefore, the correct option in this case is (e)</em></u>

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Solution

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3 years ago
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Full question :

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sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

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The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future

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3 years ago
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