A Horizontal Demand Curve Is

question 48

Multiple Choice

A horizontal demand curve is

• A)unit elastic.
• B)relatively inelastic.
• C)relatively elastic.
• D)perfectly inelastic.
• E)perfectly elastic.

---

Definitions:

Vicariously Liable

The legal principle that holds a party responsible for the actions of another, typically in employer-employee relationships, even if the party was not directly involved in the incident.

Plaintiff

The party who initiates a lawsuit by filing a complaint with the court against the defendant alleging wrongdoing.

Medical Malpractice

A specific form of negligence that involves a medical professional's failure to provide the standard of care, resulting in harm to a patient.

Agent's Employment

The condition or period in which an individual acts on behalf of another person or entity, often in a business or professional capacity.