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ssi15 ssi15
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9 months ago

If the demand for a good is perfectly inelastic, then



▸

the percentage change in quantity demanded is greater than the percentage change in price.



▸

the percentage change in quantity demanded is less than the percentage change in price.



▸

the percentage change in quantity demanded is equal to the percentage change in price.



▸

quantity demanded is extremely responsive to changes in price.



▸

quantity demanded is not responsive to changes in price.

Textbook 
Economics

Economics


Edition: 12th
Author:
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flash33101flash33101
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9 months ago
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ssi15 Author
wrote...

9 months ago
Thank you, thank you, thank you!
Marctheshark
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Yesterday
Good timing, thanks!
veronee_madison
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2 hours ago
Helped a lot
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