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Alternating Current Applied to an Inductor

A demand curv...

Question

A demand curve, which takes the form of a horizontal line parallel to the quantity axis illustrates elasticity, which is ____________.

A

zero

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B

infinite

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C

> 1

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D

< 1

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Solution

The correct option is D infinite
A demand curve which is represented by a horizontal line parallel to the quantity axis (x axis) illustrates elasticity, which is infinite, implying perfectly elastic demand.

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