Multiple Choice
A perfectly elastic demand curve:
A) is impossible to graph given only the variables of price and quantity demanded
B) can be represented by a line parallel to the horizontal axis
C) slopes downward, reflecting the law of demand
D) can be represented by a line parallel to the vertical axis
E) slopes upward and to the right, breaking the law of demand
Correct Answer:

Verified
Correct Answer:
Verified
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