Multiple Choice
If the price of salt increases and the quantity demanded does not change, then
A) the price elasticity of demand is equal to zero.
B) demand is perfectly inelastic.
C) the demand curve for salt is horizontal.
D) Both A and B are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: Deb's income has just risen from $950
Q52: When the price of a movie ticket
Q53: The demand for _ is more elastic
Q54: A 10 per cent increase in income
Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The demand curve
Q57: If a rise in the price of
Q58: Toothpaste and toothbrushes are complements, so the
Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The demand curve
Q60: The greater the substitutability between Northwest timber
Q61: Joan's income has just risen from $940