Figure 7-16
-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

Figure 7-16 
-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

Quizplus · Accepted Answer

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.

Figure 7-16 -Which Demand Curve in Figure 7-16 Is Perfectly Elastic