Exhibit 5-13 Which of the Following Is True of the Demand

question 147

Multiple Choice

Exhibit 5-13 Which of the following is true of the demand curve in Exhibit 5-13?

• 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 unit elastic.

---

Definitions:

Continuous Change

a process of ongoing, gradual improvement or evolution in an organization, individual, or system without sudden breaks or leaps.

Critical

In a general context, it refers to expressing adverse or disapproving comments or judgments. It can also relate to a crucial, decisive, or critical point in a situation.

Lifespan Developmentalists

Scholars and researchers who study the physical, cognitive, social, and emotional changes that occur throughout all stages of the human life cycle, from infancy through old age.

Age Range

a category of people of a similar age used for statistical, developmental, or marketing purposes.