The Demand Curve for a Good Is Horizontal When It

question 165

Multiple Choice

The demand curve for a good is horizontal when it is:

• A) a perfectly inelastic good.
• B) a unitary elastic good.
• C) a perfectly elastic good.
• D) an inferior good.

---

Definitions:

Autonomy

The capacity to make an informed, uncoerced decision, or the right of individuals to govern themselves.

Sexuality

A broad spectrum that encompasses sexual orientation, sex life, sexual practices, and individual feelings and attitudes towards sexuality.

Later-Born Children

Refers to children born after the firstborn in a family, who may experience different parental expectations and social dynamics than their older siblings.

First-Born Children

Refers to the initial offspring in a family, often subject to different expectations, responsibilities, and developmental experiences due to their birth order.