The price elasticity of demand for a demand curve that has a zero slope is
A) zero.
B) one.
C) negative but approaches zero as consumption increases.
D) infinity.

Name: The price elasticity of demand for a demand curve that has a zero slope is A) zero. B) one. C) negative but approaches zero as consumption increases. D) infinity.
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Question

Quizplus · Accepted Answer

A demand curve with a zero slope is perfectly elastic, meaning that any change in price leads to an infinite change in quantity demanded.

The Price Elasticity of Demand for a Demand Curve That