If demand for a good is perfectly inelastic, then

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If demand for a good is perfectly inelastic, then

If demand for a good is perfectly inelastic, then
A) a price increase would cause a fall in quantity demanded.
B) a price increase would cause no change in quantity demanded.
C) a price increase would cause an increase in quantity demanded.
D) a price increase would cause a fall in total revenue.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 60 times

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felipebelt Author

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