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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
  5. Question
    What Best Describes the Direction of a Perfectly Elastic Demand
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What Best Describes the Direction of a Perfectly Elastic Demand

Question 51

Question 51

Multiple Choice

What best describes the direction of a perfectly elastic demand curve


A) vertical
B) horizontal
C) downward sloping to the right
D) upward sloping to the right

Correct Answer:

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