If the demand for a good is perfectly elastic, the price elasticity of demand is ________ and the demand curve is ________

Consider the following information, and assume that opportunity costs are constant: On one hand, residents of Country A can produce more corn in a year than residents of Country B, but they can produce computers at a lower opportunity cost than residents of country B. On the other hand, residents of country B can produce more computers in a year than residents of Country A, but they can produce corn at a lower opportunity cost than residents of country A. It can be concluded that residents of

A) Country A should produce corn and trade it for computers produced in Country B. B) Country B should produce computers and trade them for corn produced in Country B. C) Country A should produce computers and trade them for corn produced in Country B. D) both countries should choose not to trade.

Use the information provided in Table 7.2 below to answer the question(s) that follow.   Table 7.2Inputs Required to Produce a Product Using Alternative TechnologiesRefer to Table 7.2. If the hourly price of capital is $30 and the hourly wage rate is $5, which production technology should be selected?

A. A B. B C. C D. D