A Good with a Vertical Demand Curve Has a Price

question 151

Multiple Choice

A good with a vertical demand curve has a price elasticity of demand that

• A) is equal to 1.
• B) is equal to infinite.
• C) is equal to zero.
• D) varies between 0 and 1.

---

Definitions:

New Patient

An individual who is receiving medical care or examination from a healthcare provider for the first time.

Laboratory Results

The outcomes or findings from tests conducted in a controlled environment to analyze samples.

Medical Facility

An establishment that provides healthcare services, such as a hospital, clinic, or medical office.

Notice of Privacy

A statement given to individuals to inform them of how their personal information will be used and protected by an organization.