Exhibit 5-14 -Which of the Following Is True of the Demand Curve

question 177

Multiple Choice

Exhibit 5-14
-Which of the following is true of the demand curve in Exhibit 5-14?

• A) Its slope is 0, and the value of elasticity is negative infinity.
• B) Its slope is infinite, and the value of elasticity is 0.
• C) Both its slope and the value of elasticity are 0.
• D) Both its slope and the value of elasticity are negative infinity.
• E) Its slope is 0, and demand is perfectly inelastic.

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