Question

Can you think of an industry (or product) with

near infinite elasticity of supply in the short term? That

is, what is an industry that could increase Qs almost

without limit in response to an increase in the price?

Short answer

Industry or product with infinite elasticity of supply in the short-term could be internet companies.

Step-by-step solution

Step 1. Meaning

The elasticity of supply means the degree of responsiveness of supply for a commodity concerning the change in price in such commodity.

Perfectly elastic supply or infinite elasticity of supply is an extreme case in which any slight price change could make an infinite change in supply, the supply curve would be a vertical line.

Step 2. Explanation 

Industry or product with infinite elasticity of supply in a short term could be internet provider companies.

For example, let's take a website with 10000 users & the addition of one or two users leads to almost no change in the cost, in the short run subscription service providers can do this hence, internet provider industries could increase their quantity supplied almost without an increase in response to an increase in price.