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    Exam 4: Subtleties of the Supply and Demand Model
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    A Perfectly Inelastic Demand Curve Has a Price Elasticity
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A Perfectly Inelastic Demand Curve Has a Price Elasticity

Question 170

Question 170

Multiple Choice

A perfectly inelastic demand curve has a price elasticity


A) equal to zero.
B) that varies.
C) equal to 1.
D) less than 1.
E) of infinity.

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