This topic contains a solution. Click here to go to the answer

Author Question: A _______ demand curve has a price elasticity of demand that is perfectly inelastic. a. circular b. ... (Read 222 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
A _______ demand curve has a price elasticity of demand that is perfectly inelastic.
 a. circular
 b. horizontal
 c. rectangular hyperbola
  d. vertical

Question 2

A _______ demand curve has a price elasticity of demand that is perfectly elastic.
 a. vertical
 b. rectangular hyperbola
  c. horizontal
 d. circular



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

c





 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

For a complete list of videos, visit our video library