If Consumers Would Be Willing to Purchase the Same Quantity

question 205

Multiple Choice

If consumers would be willing to purchase the same quantity of a good no matter what its price was, the demand curve would

• A) be a vertical line, and demand would be perfectly inelastic.
• B) be a horizontal line, and the demand would be perfectly elastic.
• C) not exist.
• D) be identical to the supply curve for the good.

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