The Price Elasticity of Demand Coefficient Equal to Infinity Indicates

question 30

True/False

The Price elasticity of demand coefficient equal to infinity indicates perfectly elastic demand

---

Definitions:

Amps

Short for Amperes, the unit of measure for electrical current, representing the flow of electric charge.

Electrical Current

The flow of electric charge carried by electrons moving through a conductor, measured in amperes.

Amperes

The unit of electrical current, representing the flow of electric charge per second.

Magnetic Field

A region around a magnetic material or a moving electric charge within which the force of magnetism acts.