Answered: When the demand curve of colgate is…

When the demand curve of colgate is vertical therefore the elasticity of colgate is said to be Select one: a. perfectly elastic b. inelastic c. perfectly inelastic d. Elastic

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 19SQ: What is the price elasticity of demand for a vertical demand curve? a. Perfectly inelastic b....

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Question

When the demand curve of colgate is vertical therefore the elasticity of colgate is said to be

Select one:

a. perfectly elastic

b. inelastic

c. perfectly inelastic

d. Elastic

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