A stock with an elastic demand-to-hold schedule
A) has a nearly vertical schedule.
B) is a unique security.
C) will not have a change in quantity demanded if the price falls.
D) has a nearly flat schedule.

Question

Quizplus · Accepted Answer

A stock with an elastic demand-to-hold schedule means that a small change in price will lead to a large change in the quantity demanded. This characteristic is represented by a nearly flat demand curve, indicating high sensitivity to price changes.

A Stock with an Elastic Demand-To-Hold Schedule