I need the answer as soon as possible 21. If regardless of changes in itsprice, the quantity demanded of acommodity remains unchanged,then the demand curve for thecommodity will beA. O HorizontalB. O VerticalС.Positively slopedD. O Negatively sloped

Demand curve shows various combinations of price and quantity demanded. Shape of the demand curve…

Answered: then the demand curve for the commodity…

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then the demand curve for the commodity will be

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 15CTQ: Income Effects depend on the income elasticity of demand for each good limit you buy. If one of the...

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Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.

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I need the answer as soon as possible

21. If regardless of changes in its
price, the quantity demanded of a
commodity remains unchanged,
then the demand curve for the
commodity will be
A. O Horizontal
B. O Vertical
С.
Positively sloped
D. O Negatively sloped

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