A Perfectly Elastic Demand Would Imply What Kind of Demand

question 81

Multiple Choice

A perfectly elastic demand would imply what kind of demand curve?

• A) horizontal
• B) vertical
• C) upward sloping
• D) downward sloping

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Definitions:

Communication Media

Various channels through which information and messages are disseminated to a target audience.

Reaching Target Consumers

Strategies and tactics used by businesses to effectively communicate and deliver their marketing messages to their intended audience segments.

IMC Communication Process

An approach that integrates different promotional tools and strategies to provide clarity, consistency, and maximum communication impact.

Communication Channel

The medium—print, broadcast, the Internet—that carries the message.