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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    The Case of Perfectly Elastic Demand Is Illustrated by a Demand
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The Case of Perfectly Elastic Demand Is Illustrated by a Demand

Question 279

Question 279

Multiple Choice

The case of perfectly elastic demand is illustrated by a demand curve that is


A) vertical.
B) horizontal.
C) downward-sloping but relatively steep.
D) downward-sloping but relatively flat.

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