If Demand Is Perfectly Inelastic, Then the

question 82

Multiple Choice

If demand is perfectly inelastic, then the

• A) elasticity of demand is 1.
• B) elasticity of demand is -1.
• C) demand curve will be nonexistent.
• D) demand curve will be a horizontal line.
• E) demand curve will be a vertical line.

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Definitions:

Table Design View

An interface within database applications that allows users to define or modify the structure of a database table.

Field Properties Pane

A user interface element in database and spreadsheet software that allows users to view and modify the properties of a selected field.

Total Row

A feature in spreadsheet or database software that automatically calculates the sum, average, count, or other aggregate functions for data in a column.

Currency Field

A database or form field designed specifically to hold monetary values in various currencies.