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    Managerial Economics
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    Exam 4: Demand
  5. Question
    The Shape of a Perfectly Elastic Demand Curve Is
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The Shape of a Perfectly Elastic Demand Curve Is

Question 12

Question 12

Multiple Choice

The shape of a perfectly elastic demand curve is


A) Horizontal, Ed = infinity
B) Horizontal, Ed = 0
C) Horizontal, Ed = -1
D) Vertical, Ed = 0

Correct Answer:

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