A Perfectly Horizontal Demand Curve Shows That the Price Elasticity

question 25

Multiple Choice

A perfectly horizontal demand curve shows that the price elasticity of demand is

• A)zero.
• B)unity.
• C)less than one.
• D)infinite.
• E)not defined.

---

Definitions:

Email Address

A digital identifier that allows individuals to send and receive electronic messages via the internet.

Technologically Lagging

refers to entities or individuals that are behind in adopting new technologies or innovation, resulting in potentially reduced efficiency or competitiveness.

Poorly-Funded Hospital

A healthcare institution that lacks sufficient financial resources to adequately support its operations and provide high-quality care.

Medical Practice

A business operated by one or more healthcare professionals to provide medical services to patients.