A horizontal demand curve is perfectly elastic because a change in price will induce an infinite change in quantity demanded.
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Q26: The unit-elastic demand curve bends in the
Q27: The elasticity of a demand curve at
Q28: The value of the price elasticity of
Q29: When the goods of competing companies are
Q30: A unit-elastic demand curve will be concave
Q32: A straight-line demand curve has the same
Q33: The elasticity of a straight-line demand curve
Q34: If the reciprocal of the slope of
Q35: Elasticity of demand is another way to
Q36: The difference between slope and elasticity is
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