The individual demand curve that is implied by the budget constraints and indifference curves above will be
A)perfectly elastic.
B)relatively elastic.
C)perfectly inelastic.
D)relatively inelastic.

Question

The individual demand curve that is implied by the budget constraints and indifference curves above will be
A)perfectly elastic. 
B)relatively elastic. 
C)perfectly inelastic. 
D)relatively inelastic.

Quizplus · Accepted Answer

The Answer of  The individual demand curve that is implied by the budget constraints and indifference curves above will be
A)perfectly elastic. 
B)relatively elastic. 
C)perfectly inelastic. 
D)relatively inelastic.

The Individual Demand Curve That Is Implied by the Budget