A demand curve that has constant price elasticity of demand ...

[Pineappleeh]

A demand curve that has constant price elasticity of demand coefficient equals to one at all points is a(n):
 a. rectangular hyperbola.
  b. downward-sloping straight line.
  c. upward-sloping straight line.
  d. none of these.

Question 2

A perfectly elastic demand curve has a price elasticity of demand coefficient of:
 a. zero.
  b. 1.
  c. greater than 1, but less than infinity.
  d. less than 1, but greater than zero.
  e. infinity.

[Jadwiga9]

Answer to Question 1

a

Answer to Question 2

e

[Pineappleeh]

Gracias!

[Jossy]

Thanks for the timely response, appreciate it