Suppose demand can be written as $Q = 5$ .The elasticity of demand is)
A)increasing as price rises.
B)decreasing as price rises.
C)constant regardless of prices and perfectly inelastic.
D)constant regardless of prices and unit elastic.

Question

Quizplus · Accepted Answer

If demand can be written as Q=5, it means that no matter what the price is, the quantity demanded will always be 5. Therefore, the demand is perfectly inelastic and the elasticity of demand is constant regardless of prices.

Suppose Demand Can Be Written As Q=5Q = 5Q=5 The Elasticity of Demand Is) A)increasing as Price Rises

Suppose Demand Can Be Written As $Q = 5$ The Elasticity of Demand Is)
A)increasing as Price Rises