If a Demand Curve for a Good Were Completely Vertical

question 144

Multiple Choice

If a demand curve for a good were completely vertical, it would be considered

• A) perfectly elastic.
• B) perfectly inelastic.
• C) of unitary elasticity.
• D) relatively inelastic.

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Definitions:

Stimulation

The encouragement of something to increase activity, interest, or enthusiasm, or the process of applying a stimulus.

Intensity

The degree of strength, force, or brightness of a stimulus or action.

Synaptic Vesicles

Membrane-bound structures within neurons that contain neurotransmitters, which are released into the synaptic cleft to transmit nerve impulses to other neurons.

Neurotransmitters

Chemicals in the nervous system that transmit signals from one neuron to another, influencing a wide range of bodily and mental functions.