A perfectly elastic demand:
A. means consumers are extremely sensitive to a change in price.
B. means quantity demanded is unchanged if the price changes by any amount.
C. is demonstrated by a vertical demand curve.
D. has a price elasticity of 1.
A. means consumers are extremely sensitive to a change in price.
Economics
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A) people's choices. B) how people think about something. C) group opinions. D) the reasons people give for donating to charity.
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