A Demand Curve That Is Perfectly Inelastic

question 30

Multiple Choice

A demand curve that is perfectly inelastic:

• A) will be vertical.
• B) will be horizontal.
• C) will be upward sloping.
• D) has an elasticity equal to 1 everywhere on the curve.

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Definitions:

Distress

Negative stress that results from being exposed to stressors, leading to physical or psychological discomfort.

Schizotypal Personality Disorder

A mental disorder characterized by severe social anxiety, thought disorder, paranoid ideation, derealization, transient psychosis, and often unconventional beliefs.

Negative Affectivity

A personality dimension that encompasses a wide range of feelings and behaviors typically viewed as negative, such as sadness, anger, and nervousness.

Psychoticism

A personality pattern typified by aggressiveness and interpersonal hostility.