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    Managerial Economics
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    Exam 3: Quantitative Demand Analysis
  5. Question
    A Price Elasticity of Zero Corresponds to a Demand Curve
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A Price Elasticity of Zero Corresponds to a Demand Curve

Question 156

Question 156

Multiple Choice

A price elasticity of zero corresponds to a demand curve that is:


A) Horizontal
B) Downward sloping with a slope always equal to 1.
C) Vertical
D) Either vertical or horizontal.

Correct Answer:

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