In the Case of Perfectly Elastic Demand, the Demand Curve

question 165

Multiple Choice

In the case of perfectly elastic demand, the demand curve is

• A) upward sloping.
• B) downward sloping.
• C) vertical.
• D) horizontal.

---

Definitions:

Personality Traits

Enduring characteristics that describe an individual's behavior, attitude, and emotions.

Team Leader

A person who guides, directs, and motivates team members to achieve set goals and objectives.

Negotiating

The process of discussing something formally in order to reach an agreement or compromise between two or more parties.

Moderately Aggressive

A behavior characterized by assertiveness and competitiveness, though not to an extreme or harmful degree.