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Author Question: If Katherine claims that when it comes to buying shoes, price is no object, her demand curve for ... (Read 81 times)

gonzo233

  • Hero Member
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  • Posts: 557
on: Jul 1, 2018
If Katherine claims that when it comes to buying shoes, price is no object, her demand curve for shoes is likely to be
 a. horizontal
  b. nonexistent
  c. upward sloping
  d. highly inelastic
  e. unit elastic

Question 2

Perfectly elastic demand curves are
 a. downward sloping
  b. upward sloping
  c. vertical
  d. horizontal
  e. steep


Sophiapenny

  • Sr. Member
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  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


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