If Demand Is Unit Elastic at All Prices,then the Demand

question 90

Multiple Choice

If demand is unit elastic at all prices,then the demand curve is

• A)a straight line.
• B)a parabola.
• C)a rectangular hyperbola.
• D)upward sloping.
• E)perfectly horizontal.

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; inexactness or uncertainty in language or meaning.

Semantic Level

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Grammatical markers that indicate the role of a noun, pronoun, or adjective in a sentence, such as subject, object, or possessive.

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