Which demand curve in Figure 7-16 is perfectly elastic?

A) the curve in graph a
B) the curve in graph b
C) the curve in graph c
D) the curve in graph d
E) the curve in graph e

Question

Which demand curve in Figure 7-16 is perfectly elastic?A)  the curve in graph aB)  the curve in graph bC)  the curve in graph cD)  the curve in graph dE)  the curve in graph e

falah hasan · Accepted Answer

Final Answer : B, Explanation :  A perfectly elastic demand curve is horizontal, indicating that consumers will only buy at one price and any change in price will result in zero quantity demanded.

Which demand curve in Figure 7-16 is perfectly elastic?

A) the curve in graph a
B) the curve in graph b
C) the curve in graph c
D) the curve in graph d
E) the curve in graph e

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