If the Own Price Elasticity of Demand Is Infinite in Absolute

question 75

Multiple Choice

If the own price elasticity of demand is infinite in absolute value,then:

• A) demand is perfectly elastic.
• B) the demand curve is vertical.
• C) consumers do not respond at all to changes in price.
• D) the demand curve is vertical and consumers do not respond at all to changes in price.

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Definitions:

Ethnic/Racial Identity

A person's sense of belonging to a specific ethnic or racial group, including the cultural traditions, language, and heritage associated with that group.

Cultural Sensitivity

The awareness, understanding, and respect for cultural differences that allows individuals to communicate and interact effectively across cultures.

Cross-Racial

Involving or relating to people of different racial backgrounds.

Therapeutic Relationship

The professional and collaborative connection between a therapist and their client, which is foundational for effective therapy.