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Other Fields Homework Help Economics Topic started by: Alek Hsiang on Mar 3, 2019



Title: If there is no response in quantity demanded to a change in price, demand is
Post by: Alek Hsiang on Mar 3, 2019

Question 1.

If the quantity demanded of a product is the same for each possible price, demand is

• elastic.

• unit-elastic.

• perfectly inelastic.

• perfectly elastic.

Question 2.

If there is no response in quantity demanded to a change in price, demand is

• elastic.

• perfectly inelastic.

• perfectly elastic.

• unit-elastic.


Title: If there is no response in quantity demanded to a change in price, demand is
Post by: ShaeTime3 on Mar 3, 2019

Answer 1

perfectly inelastic.

Answer 2

perfectly inelastic.


Title: If there is no response in quantity demanded to a change in price, demand is
Post by: Alek Hsiang on Mar 3, 2019
Thank you for answering so quickly