A perfectly elastic demand curve:
A) is parallel to the price axis.
B) is parallel to the quantity axis.
C) slopes upward.
D) slopes downward.
B
Economics
You might also like to view...
When production costs fall,
a) the aggregate-demand curve shifts to the right. b) the short-run aggregate-supply curve shifts to the right. c) the short-run aggregate-supply curve shifts to the left. d) the aggregate-demand curve shifts to the left.
Economics
In a pure coordination game, Nash equilibria exist at every outcome where the players successfully coordinate
Indicate whether the statement is true or false
Economics