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 Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Elastic And Its Application

Section: Chapter Questions

Problem 7PA: Maria has decided always to spend one third of her income on clothing. a. What is her income...

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