A Good with a Unit Elastic Demand Has A

question 101

Multiple Choice

A good with a unit elastic demand has a:

• A) perfectly horizontal demand curve.
• B) perfectly vertical demand curve.
• C) price elasticity greater than 1.
• D) price elasticity equal to −1.

---

Definitions:

Scapula

A flat, triangular bone located on the posterior side of the shoulder, serving as an attachment point for muscles and supporting the arm.

Sternum

The sternum, or breastbone, is a long flat bone located in the center of the chest, serving as a major connection point for ribs.

Thoracic Vertebra

One of the twelve vertebrae located in the mid-back section of the spine, which are connected to the rib cage.

Clavicle

A long bone that serves as a strut between the shoulder blade and the sternum or breastbone.