Perfectly Elastic Demand Has an Elasticity Value of Zero

question 109

True/False

Perfectly elastic demand has an elasticity value of zero.

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Definitions:

Quaternary Ammonium Salt

A compound containing a nitrogen atom bonded to four alkyl groups, with a positive charge balanced by a negatively charged anion.

Alkyl Sulfonyl Chloride

Organic compounds used as intermediates in the synthesis of sulfonyl derivatives, featuring a sulfonyl group attached to an alkyl chain ending with a chlorine atom.

1° Amine

Primary amine, an organic compound featuring a basic nitrogen atom with one alkyl or aryl group.

Sulfonamide

A functional group or compound containing the sulfonamide group, which is -SO2NH2, used in many drugs.