If demand for a good is perfectly inelastic, then

felipebelt

wrote...

Go to Answer

Posts: 316

Rep:

5 years ago

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 62 times

2 Replies

Report

Replies

Answer verified by a subject expert

Vrocha21

wrote...

Posts: 201

Rep:

5 years ago

More solutions for this book are available here

Report

Related Topics

felipebelt Author

wrote...

5 years ago

Thank you

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1141 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

336

360

151

Your Opinion

Previous poll results: Should Ph.D.'s be addressed as doctors?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.