Solved

Suppose the Demand Curve for Good X Is Horizontal

Question 152

Multiple Choice

Suppose the demand curve for good X is horizontal. This shows that the demand for good X is


A) unit elastic.
B) inelastic.
C) perfectly elastic.
D) perfectly inelastic.
E) elastic.

Correct Answer:

verifed

Verified

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

Related Questions