garzar3110 garzar3110
  • 01-09-2017
  • Business
contestada

A price elasticity of infinity corresponds to a demand curve that is:

Respuesta :

Kalahira
Kalahira Kalahira
  • 11-09-2017
A price elasticity of infinity corresponds to a demand curve that is horizontal. That would be considered perfectly elastic, and in a perfectly elastic demand situation something can sell as much as much as it wants as consumers are ready to purchase a large quantity of product.
Answer Link

Otras preguntas

Economic development is a measure of A. personal worth. B. social standing. C. cultural superiority. D. economic well-being.
What social issue is child neglect directly associated with?
Sam has 100 feet of fencing. Does he have enough fencing to enclose a circular region whose area is 630 square feet? Show work!
Explain a strategy you could use to compare 2/6 and 5/8
Which kingdom contains only producers? A) Animalia B) Fungi C) Insecta D) Plantae
The plains Indians embraced the ghost dance movement because they were?
What is the definition of energy? heat from the sun it can be anything and everywhere food and water the ability to do work
Test review ? Can you help me with solving 1-3 please
write 7 as a fraction with the 9 in the denominator
Plants with a primary root and little lateral roots that extend out from it have a ____ system.