A perfectly elastic demand curve has a slope of ________ while a perfectly inelastic demand curve has a slope of ________.
A)infinity; 0
B)1; 0
C)0; 1
D)0; infinity

Name: A perfectly elastic demand curve has a slope of ________ while a perfectly inelastic demand curve has a slope of ________. A)infinity; 0 B)1; 0 C)0; 1 D)0; infinity
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Question

Quizplus · Accepted Answer

A perfect elastic demand curve is drawn as a horizontal line, and a perfect inelastic demand curve is drawn as a vertical line.

A Perfectly Elastic Demand Curve Has a Slope of ________