A vertical demand curve results in
A) no change in quantity when the supply curve shifts.
B) no change in price when the supply curve shifts.
C) no change in the supply curve being possible.
D) no change in quantity when the demand curve shifts.

Question

Quizplus · Accepted Answer

A vertical demand curve means that the quantity demanded does not change with changes in price. Therefore, if the supply curve shifts, there will be no change in quantity demanded, and the equilibrium price will change.

A Vertical Demand Curve Results in