menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 3
  4. Exam
    Exam 5: Market Outcomes and Tax Incidence
  5. Question
    When Demand Is Perfectly Elastic,the Demand Curve Is
Solved

When Demand Is Perfectly Elastic,the Demand Curve Is

Question 85

Question 85

Multiple Choice

When demand is perfectly elastic,the demand curve is


A) vertical.
B) upward sloping.
C) U-shaped.
D) horizontal.
E) downward sloping.

Correct Answer:

verifed

Verified

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

Related Questions

Q80: The difference between the price consumers pay

Q81: Use the following information to answer the

Q82: If a tax causes the supply curve

Q83: Explain the concept of a producer's willingness

Q84: The net cost to society from the

Q86: For a given good,a seller's willingness to

Q87: When looking at a graph,the area under

Q88: Excise taxes are taxes that are<br>A) applied

Q89: Use the following graph to answer the

Q90: A tax that is applied to one

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines