When Demand Is Perfectly Inelastic,the Price Elasticity of Demand

question 17

Multiple Choice

When demand is perfectly inelastic,the price elasticity of demand

• A)is zero,and the demand curve is vertical.
• B)is zero,and the demand curve is horizontal.
• C)approaches infinity,and the demand curve is vertical.
• D)approaches infinity,and the demand curve is horizontal.

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Definitions:

Hidden Curriculum

The unofficial, unstated, or implicit patterns within a school that influence what children learn. For instance, teacher background, organization of the play space, and tracking are all part of the hidden curriculum—not formally prescribed, but instructive to the children.

Unrecognized Lessons

Valuable insights or teachings gained from experiences that may not be immediately acknowledged or identified as lessons.

Implicit Influences

Subtle, often subconscious factors that can affect thoughts, feelings, and behaviors without the individual being fully aware of their impact.

Academic Curriculum

The structured set of courses, learning experiences, and academic standards provided by schools or educational institutions.