(A) Demand is perfectly elastic.
(B) Demand is relatively more elastic than supply.
(C) Demand is relatively more inelastic than supply.
(D) Demand and supply have equal elasticities.
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(A) Demand is perfectly elastic.
(B) Demand is relatively more elastic than supply.
(C) Demand is relatively more inelastic than supply.
(D) Demand and supply have equal elasticities.