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If the Demand Curve for a Good Is a Horizontal

Question 43

Multiple Choice

If the demand curve for a good is a horizontal line, then the good has


A) zero income elasticity.
B) price elasticity of demand equal to zero.
C) infinite price elasticity of demand.
D) a price elasticity of demand that is likely to rise in the short run.
E) a price elasticity of demand that is likely to fall in the short run.

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