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Exhibit 5-13 Which of the Following Is True of the Demand

Question 114

Multiple Choice

Exhibit 5-13 Exhibit 5-13 Which of the following is true of the demand curve in Exhibit 5-13? A) Its slope is 0, and the value of elasticity is negative infinity. B) Its slope is infinite, and the value of elasticity is 0. C) Both its slope and the value of elasticity are 0. D) Both its slope and the value of elasticity are negative infinity. E) Its slope is 0, and demand is unit elastic. Which of the following is true of the demand curve in Exhibit 5-13?


A) Its slope is 0, and the value of elasticity is negative infinity.
B) Its slope is infinite, and the value of elasticity is 0.
C) Both its slope and the value of elasticity are 0.
D) Both its slope and the value of elasticity are negative infinity.
E) Its slope is 0, and demand is unit elastic.

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