A demand curve which is ________ represents perfectly inelastic demand, and a demand curve which is ________ can represent inelastic demand.
A)downward sloping; vertical
B)horizontal; downward sloping
C)vertical; downward sloping
D)upward sloping; horizontal

Question

Quizplus · Accepted Answer

A vertical demand curve represents perfectly inelastic demand, as the quantity demanded does not change with a change in price. 
A downward sloping demand curve can represent inelastic demand, as the percentage change in quantity demanded is less than the percentage change in price.

A Demand Curve Which Is ________ Represents Perfectly Inelastic Demand