A Perfectly Inelastic Demand Schedule

question 168

Multiple Choice

A perfectly inelastic demand schedule

• A)rises upward and to the right but has a constant slope.
• B)can be represented by a line parallel to the vertical axis.
• C)cannot be shown on a two-dimensional graph.
• D)can be represented by a line parallel to the horizontal axis.

---

Definitions:

Television Ad

A segment produced to promote products, services, or ideas, broadcasted during television commercial breaks.

Specific Phobia

An intense, irrational fear of or aversion to a particular object or situation that provokes immediate anxiety and avoidance behavior.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired together; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus

A stimulus that was once neutral but, through association with an unconditioned stimulus, triggers a conditioned response.