Solved

A Good with a Horizontal Demand Curve Has a Demand

Question 61

Multiple Choice

A good with a horizontal demand curve has a demand


A) with an income elasticity of demand equal to 0.
B) with a price elasticity of demand equal to 0.
C) with a price elasticity of demand equal to infinity.
D) for which there are no substitutes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions