Solved

When the Demand Curve Is Perfectly Horizontal the Demand Curve

Question 41

Multiple Choice

When the demand curve is perfectly horizontal the demand curve has


A) zero elasticity.
B) a large,but not infinite,elasticity.
C) perfect elasticity.
D) a small,but nonzero,elasticity.
E) negative elasticity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions