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A perfectly inelastic demand curve is

Laurent

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6 years ago

A perfectly inelastic demand curve is

A perfectly inelastic demand curve is
A) downward sloping.
B) upward sloping.
C) vertical.
D) horizontal.
E) none of the above.

Textbook

Microeconomics for Life: Smart Choices for You

Edition: 2^nd

Author: Cohen

Read 66 times

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martrek

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If the supply curve is perfectly inelastic and the demand curve is a downward sloping straight line, ...

Laurent Author

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#2

5 years ago

Wow, seems easier than I expected

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