A perfectly inelastic demand curve: Multiple Choice is downward sloping and has a constant slope can be
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Question:
A perfectly inelastic demand curve:
Multiple Choice
- is downward sloping and has a constant slope
- can be represented by a line parallel to the vertical axis
- cannot be shown on a two-dimensional graph
- can be represented by a line parallel to the horizontal axis
- rises upward and to the right, but has a constant slope
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