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 Online Tutoring : Forum : Quiz Questions - Economics & Business Studies : Economics
Topic Topic: Demand curve Post ReplyNew Question
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Joined: 26 June 2005
Posts: 918
Posted: 22 November 2005 at 1:01am | IP Logged Quote System

The elasticity of demand is equal to unity when the demand curve...
    A.   tends to be vertical
    B.   tends to be horizontal
    C.   tends to be semi vertical and semi horizontal
    D.   is parallel to the vertical axis
 QUIZ QUESTION #1715 created by Tutor10564 on 17 September 2005 at 8:30am

Correct answer: C    Correct clicks: 38.27%  Wrong clicks: 61.73%
    A.   [24 clicks 14.81%] 
    B.   [44 clicks 27.16%] 
    C.   [62 clicks 38.27%] 
    D.   [32 clicks 19.75%] 
Please discuss this quiz question.
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