If the demand for good Z is perfectly inelastic,then the demand curve for good Z is
A)vertical.
B)horizontal.
C)upward sloping.
D)downward sloping.
E)initially upward sloping and then downward sloping.

Question

Quizplus · Accepted Answer

Perfectly inelastic demand means that no matter what the price is, the quantity demanded will always remain the same. This results in a vertical demand curve as the quantity demanded does not change with changes in price.

If the Demand for Good Z Is Perfectly Inelastic,then the Demand