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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
If demand is perfectly inelastic, the absolute value of the price elasticity of demand is
A) zero.
B) less than one.
C) more than one.
D) equal to the absolute value of the slope of the demand curve.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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#1
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8 years ago
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#2
8 years ago
The textbook reference in your signature really helped me narrow it down.

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