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    Exam 4: Elasticity
  5. Question
    Perfectly Elastic Demand Is Represented by a Demand Curve That
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Perfectly Elastic Demand Is Represented by a Demand Curve That

Question 6

Question 6

Multiple Choice

Perfectly elastic demand is represented by a demand curve that


A) is vertical.
B) is horizontal.
C) has a 45° slope.
D) is a rectangular hyperbola.

Correct Answer:

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