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

Which of the following events would most likely cause an increase in Indian nationalism?
Choose the correct singular, third person, conjugation of the verb to be in the future perfect tense
Judaism had very little influence of human history
Which two numbers add up to 21 and multiply to make 32
what makes up the soil of the Palouse hills region and how was it deposited?
Please help! I will thank and rate the best answer. Ten points! I am stuck on this question: -2 2/3 x 6/7
Sandy is always able to make it to the basketball hoop before anyone can reach her. Which skill has she worked on to develop this ability
1. I drop a penny from the top of the tower at the front of Fort Collins High School and it takes 1.85 seconds to hit the ground. Calculate the velocity in m/s
how can you determine if two ratios are equivalent
Which word correctly completes the sentence? Danny wanted to become a lawyer so that he could ________ for troubled teens. a- advocate b-delegation c-argum