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    Exam 4: Elasticity
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    A Perfectly Horizontal Demand Curve Shows That the Price Elasticity
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A Perfectly Horizontal Demand Curve Shows That the Price Elasticity

Question 25

Question 25

Multiple Choice

A perfectly horizontal demand curve shows that the price elasticity of demand is


A) zero.
B) unity.
C) less than one.
D) infinite.
E) not defined.

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