Multiple Choice
-The curve in the above graph:
A) can only be a perfectly inelastic demand curve.
B) can only be a perfectly inelastic supply curve.
C) may be either a perfectly inelastic demand curve or a perfectly inelastic supply curve.
D) can be neither a perfectly inelastic demand curve nor a perfectly inelastic supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
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