If Demand Is Perfectly Inelastic, the Demand Curve Is Vertical

question 21

True/False

If demand is perfectly inelastic, the demand curve is vertical, and the price elasticity of demand equals 0.

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Definitions:

Extinct Whales

Whale species that no longer exist, providing insight into evolutionary biology and environmental changes.

Homology

The existence of shared ancestry between a pair of structures, or genes, in different species.

Ectotympanic

A bone in the middle ear of mammals that supports the eardrum.

Hind Limbs

The pair of posterior limbs found in various vertebrates, functioning in locomotion, support, and in some species, manipulation of objects.