Jenna runs a small boutique in Capitola. She tells one of her suppliers that she is willing to pay $6for a pair of wool hand warmers and not a dime more. On the basis of this information, what canyou conclude about her price elasticity of demand for wool hand warmers? (Assume that Jenna istelling the truth.)

A) It is perfectly elastic.
B) The price elasticity coefficient is 0.
C) It is perfectly inelastic.
D) It is elastic.

A) It is perfectly elastic.    

Explanation:

Perfectly elastic: The term "perfectly elastic" is described as a demand curve that is being represented through a straight "horizontal line" and displays that the market demand related to a specific product is being directly tied or attached to the price. However, the given demand is considered as infinite at a particular price. Therefore, any change in the specific price will lead to eliminating all the demands of the given product.

In the question above, the given statement signifies the "it is perfectly elastic".

is this supposed to be a question

this statement is true.

forests are public goods, available for everybody. when usage of such a good becomes interesting for consumers and its usage increases, there can be a risk of overexploitation. it is a non rival good therefore, if one person consumes the good it does not reduce the availability for subsequent consumers.

these caracteristics require the establishment of measures in order to prevent the destruction of a commonly owned space, for example, to restrict the amount of people that have access to the same time.