garzar3110 garzar3110
  • 01-09-2017
  • Business
contestada

A price elasticity of infinity corresponds to a demand curve that is:

Respuesta :

Kalahira
Kalahira Kalahira
  • 11-09-2017
A price elasticity of infinity corresponds to a demand curve that is horizontal. That would be considered perfectly elastic, and in a perfectly elastic demand situation something can sell as much as much as it wants as consumers are ready to purchase a large quantity of product.
Answer Link

Otras preguntas

Which one of the following statements about attitudes is correct? A. Negative attitudes can't be changed. B. Positive attitudes can help us learn qu
What is the mass of a truck if it produces a force of 14,000n while accelerating at a rate of 5m/s?
compare anaerobic and cellular respiration
1+i is a zero of f(x)=x^4-2x^3-x^2+6x-6
What is the answer to 8x-6(3-2x)
How are ethnic and religious conflicts related to problems of global security ?
if a=2,c=4 e=-6 then 3a-3(2c-e)
how do you say Avery in spanish.
predict the miles traveled in 5 hours at a rate of 189 miles in 3 hours
How do you say "I like your Shoes " in french Plz Help :)