A perfectly price elastic demand curve will be a ________ line.
A) horizontal
B) vertical
C) positively sloped
D) negatively sloped

Name: A perfectly price elastic demand curve will be a ________ line. A) horizontal B) vertical C) positively sloped D) negatively sloped
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Question

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A perfectly price elastic demand curve is horizontal, indicating that consumers are willing to purchase any quantity at a specific price, but no quantity at a price even slightly higher.

A Perfectly Price Elastic Demand Curve Will Be a ________