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    Survey of Economics Principles
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    Exam 4: Elasticity: A Measure of Responsiveness
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    In the Case of Perfectly Elastic Demand, the Demand Curve
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In the Case of Perfectly Elastic Demand, the Demand Curve

Question 165

Question 165

Multiple Choice

In the case of perfectly elastic demand, the demand curve is


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

Correct Answer:

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