When a Good Has a Vertical Demand Curve,the Price Elasticity

question 92

Multiple Choice

When a good has a vertical demand curve,the price elasticity of demand for the good is

• A)zero.
• B)greater than zero but less than 1.
• C)1.
• D)greater than 1.
• E)negative.

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Opinion Leader

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Innovator

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Self-Designated Method

A technique or approach where individuals select or designate themselves for participation in a process or study.

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A quantitative method for measuring social relationships, often used to explore the structure of groups and to analyze choices or preferences within those groups.