A Demand Curve That Is Horizontal Is Perfectly Inelastic

question 35

True/False

A demand curve that is horizontal is perfectly inelastic.This means the elasticity is equal to one.

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Definitions:

Psychological Disorders

Conditions characterized by abnormal thoughts, feelings, and behaviors that may cause distress or impair function in life.

Psychotherapy

A therapeutic treatment involving psychological techniques, used to treat mental health problems and emotional challenges.

Depression

A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, offering a persistent feeling of sadness and loss of interest.

Pleasure Centers

Pleasure centers are areas of the brain, notably within the limbic system, that are activated by rewarding stimuli, leading to feelings of pleasure.