本题目来源于试卷: IB Economics Unit 2.3: Microeconomics - Elasticities，类别为 IB经济学
[单选题]
What market that is most likely pictured in the diagram above?
A. Pills produced by a pharmaceutical company
B. Smartphones produced by an electronics company
C. Tickets at a sporting event at a stadium
D. Barrels of oil sold by an oil company
参考答案: C
本题详细解析:
A vertical supply curve indicates that supa oi3v uxym./ ( g,ifwb*nx*g dn*7ua/ply is perfectly inelastic, meaning quantity supplied is fixed, and supply does not respond at all to changes in price. In this case, PES = 0. The number of tickets at a sporting event will likely be fixed as the stadium will have a fixed number of seats and a maximum capacity.
Choices A and B represent products that are likely to have relatively price-elastic supply as they can be stored.
Cho yxu3n/(gi mnxf7*wa/,da*o *bg uv .iice D represents a product that is likely to have relatively price-inelastic supply due to the time it takes to extract, refine and process oil.
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