A Firm Can Sell as Much as It Wants at a Constant

question 57

Multiple Choice

A firm can sell as much as it wants at a constant price. Demand is thus

• A)perfectly inelastic.
• B)perfectly elastic.
• C)relatively inelastic.
• D)relatively elastic.

---

Definitions:

Mechanical Force

A physical influence applied to an object that causes it to change its velocity, direction, or shape.

Dash-warning Light

A light or indicator located on a vehicle's dashboard designed to alert the driver about various vehicle conditions or malfunctions.

Air-over-hydraulic Brakes

Brake systems that use air pressure to enhance or actuate the hydraulic brake fluid pressure, combining both air and hydraulic systems' benefits.

Brake Lining Wear

The gradual loss of material from the brake lining due to friction, resulting in reduced braking efficiency and effectiveness.