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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 Inelastic Demand, the Demand Curve
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In the Case of Perfectly Inelastic Demand, the Demand Curve

Question 60

Question 60

Multiple Choice

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


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

Correct Answer:

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