Question: Question 24 {1 point) The statement When demand curve is vertical, demand does not respond to price change (i.e., perfectly inelastic demand) is Question 25

 Question 24 {1 point) The statement "When demand curve is vertical,

Question 24 {1 point) The statement "When demand curve is vertical, demand does not respond to price change (i.e., perfectly inelastic demand)" is Question 25 {1 point) "Deadweight loss" is zero if there is no inefficiency in the market () True (i) False Question 26 {1 point) Saved The statement "When both demand and supply are equal {match} we arrive at equilibrium in the market" is If\") True \\._.H K's My False

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