A vertical demand curve is
A) completely inelastic.
B) infinitely elastic.
C) highly (but not infinitely) elastic.
D) highly (but not completely) inelastic.

Name: A vertical demand curve is A) completely inelastic. B) infinitely elastic. C) highly (but not infinitely) elastic. D) highly (but not completely) inelastic.
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Question

Quizplus · Accepted Answer

A vertical demand curve indicates that the quantity demanded does not change regardless of price changes, which is characteristic of a completely inelastic demand.

A Vertical Demand Curve Is