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Kholofelo Phetla
on Oct 12, 2024

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If the price elasticity of demand is zero for all prices,the demand curve is

A) horizontal.
B) vertical.
C) neither horizontal nor vertical.

Price Elasticity of Demand

A measure of the sensitivity of quantity demanded of a good to a change in its price.

Demand Curve

The graphical representation that illustrates the quantity of a particular good or service that consumers are willing and able to purchase at various price points.

  • Grasp the essence and implications of price elasticity related to demand.
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Mariah RhiannonOct 17, 2024
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