Multiple Choice
There is one gas station in a small rural town.The owner of the station claims that he will sell the same quantity of gas no matter how high or low the price.If he is correct in this assertion,the demand curve for gas at his station must be _____,with a price elasticity of _____.
A) vertical;zero
B) vertical;infinity
C) horizontal;zero
D) horizontal;infinity
Correct Answer:
Verified
Correct Answer:
Verified
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