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

What is the fraction ten fourteenths in its simplest form?
Write 75 as the product of its prime factors. (2 marks)
why are quebec and ontario known as canadas economic heart
find the derivative of ((t^4-6)^3)*((t^3+6)^4)
why are quebec and ontario known as canadas economic heart
Write an algebraic expression that is equivalent to the expression. cos⁡(arcsin⁡ (x-h)/r )
What chemical compound is C2HsOH?
what was Margaret Brent accomplishments
In class 6, 80percent of the children like crisps. 75percent of the children who like crisps also like chocolate. In class 6 what percentage of the children lik
Why is man a special creature? What two worlds does he share in?