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Exhibit 5.8 -Refer to Exhibit 5.8,which Shows a Horizontal Line.The Curve Could

Question 58

Multiple Choice

Exhibit 5.8
Exhibit 5.8    -Refer to Exhibit 5.8,which shows a horizontal line.The curve could represent a _____ A) perfectly elastic demand or supply curve. B) perfectly inelastic supply curve or a perfectly elastic demand curve. C) perfectly elastic supply curve or a perfectly inelastic demand curve. D) perfectly inelastic supply or demand curve. E) perfectly inelastic supply curve or a unit-elastic demand curve.
-Refer to Exhibit 5.8,which shows a horizontal line.The curve could represent a _____


A) perfectly elastic demand or supply curve.
B) perfectly inelastic supply curve or a perfectly elastic demand curve.
C) perfectly elastic supply curve or a perfectly inelastic demand curve.
D) perfectly inelastic supply or demand curve.
E) perfectly inelastic supply curve or a unit-elastic demand curve.

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