A Perfectly Elastic Demand Curve

question 16

Multiple Choice

A perfectly elastic demand curve

• A)can be represented by a line parallel to the vertical axis.
• B)is a 45-degree line.
• C)can be represented by a line parallel to the horizontal axis.
• D)cannot be represented on a two-dimensional graph.

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Definitions:

Autokinetic Effect

A psychological phenomenon where a small, stationary light in a dark room appears to move because of involuntary eye movements.

Reciprocal Influence

Reciprocal influence refers to the mutual impact that individuals have on each other's attitudes, beliefs, and behaviors in a social context.

Group Norm

Accepted standards or behaviors shared by a group's members that guide their actions and decisions.

Injunctive Norm

Socially accepted rules or standards that dictate what is considered appropriate or inappropriate behavior within a group or society.