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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    A Demand Curve Which Is ________ Represents Perfectly Inelastic Demand
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A Demand Curve Which Is ________ Represents Perfectly Inelastic Demand

Question 72

Question 72

Multiple Choice

A demand curve which is ________ represents perfectly inelastic demand, and a demand curve which is ________ can represent inelastic demand.


A) downward sloping; vertical
B) horizontal; downward sloping
C) vertical; downward sloping
D) upward sloping; horizontal

Correct Answer:

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