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

question 30

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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