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

14gal/s is equal to how many quarts a minute
Roger sperry was looking for a cure for which disease when researching differentiation of the left and right hemispheres of the brain?
Need help solving x
"today we can type our symptoms into a computer search engine and often find out why we are sick, what condition we may have, and how we might treat it. but we
Draw the box and whisker plot for the data.
Find the pairs of numbers between 15 and 30 that has 7 as a greatest common factor
Question : 27 is 30 percent of what number?
Solve the equation by completing the square. x2 + 4x − 10 = 0
Find the slope of the line and y-intercept 1. Y=3x+4 2. Y=-2x+8 3 y=1/2x 4 y=-3/4x-1 5 y=x+5
pandemic in a sentence