Answer:
The correct answer is a. the equilibrium quantity decreases, and the equilibrium price is unchanged.
Explanation:
A perfectly elastic demand is an extreme case in which quantity demanded falls to zero with any increase in price, and increases to infinity when price drops.
Now we have this relation clear, it is important to notice that the question is introducing a third variable, which is quantity supplied. When supply decreases, the price remains the same, since only at this price consumers buy the good. The only change that ocurred is related to the availability of the product in the market.
In a normal scenario, an elastic demand would respond to this decrease in supply, pushing the price up, since consumers are willing to pay more. But given that we assume that the demand is perfectly elastic, the price remains the same, otherwise demand would fall to zero.
Answer:
maybe, maybe not you should think
Learning is the process of acquiring through experience new information or behaviours. We also learn that certain events occur together. We learn to associate two or more stimuli.
- Classical, operant and congitive are three learning basic forms
- Classical conditioning is a type of learning in which one learns to link two or more stimuli and anticipate events
