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

Benzene was treated with isopropyl chloride in the presence of aluminum trichloride under conditions that favor dialkylation. draw the major product(s) expected
If the Cocoa to water ratio for a hot chocolate recipe is 1 tablespoon cocoa to 1/4 cup water, how much Cocoa do you need if you use 1.5 cups of water?
Patrick has $50, which is $8 more than twice what Noah has. How much money does Noah have ?
Guys I need the know what is the best counterpoint for using a smartphone is bad for your eyes?
Is this tangent to the circle?
What is the most important step in prioritizing goals
When beggar odysseus talks to his wife, he was a dramatic?
What did lord tell Abraham to do?
Teaching individuals with somatic symptom disorders about how to restructure their maladaptive beliefs about their physical symptoms would be the focus of which
What occurs over time as a result of inflation? Check all that apply.