Answer
B. The industry with a horizontal supply curve will continue to supply at the fixed price no matter what the demand is.
Work Step by Step
The industry with a horizontal supply curve will continue to supply at the fixed price no matter what the demand is.
Therefore price seniority of the horizontal supply curve is zero.
The vertical supply curve industry would lobby to increase the demand for their products because they can then charge a higher price as per their wishes for their products.
