If the Demand Curve Is Vertical, the Elasticity Is

question 124

Multiple Choice

If the demand curve is vertical, the elasticity is

• A)1.0.
• B)0.0.
• C)0.5.
• D)infinite.

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Definitions:

Water Table

The level below the Earth's surface where the ground is completely saturated with water, marking the boundary between the unsaturated soil above and the saturated zone below.

Permeable Rock

Rock that allows water to pass through it due to the presence of spaces, or pores, within its structure.

Unconformity

A surface of contact between two groups of unconformable strata, indicating a period of erosion or non-deposition between successive strata.

Water Table

The level below the Earth's surface where the ground is completely saturated with water, forming the upper surface of the groundwater.