Carrie Bradshaw claims that when it comes to buying shoes, "price is no object." If this is true, then her demand for shoes is
A)perfectly elastic.
B)perfectly inelastic.
C)unit elastic.
D)horizontal.

Question

Quizplus · Accepted Answer

When Carrie Bradshaw claims that price is no object when it comes to buying shoes, it means that she is willing to buy as many shoes as she wants at any given price. This makes her demand for shoes perfectly inelastic. Her demand will remain constant regardless of any change in price.

Carrie Bradshaw Claims That When It Comes to Buying Shoes