When the demand for a good is perfectly elastic
A) total revenue is as large as possible.
B) the demand curve for the good is vertical.
C) the price elasticity of demand is infinite.
D) the price elasticity of demand is zero.

Question

Quizplus · Accepted Answer

When demand is perfectly elastic, consumers will only buy at one price, and any change in price will result in zero quantity demanded, making the price elasticity of demand infinite.

When the Demand for a Good Is Perfectly Elastic