When demand is perfectly inelastic, the demand curve is
A) horizontal.
B) vertical.
C) upward sloping.
D) downward sloping.

Name: When demand is perfectly inelastic, the demand curve is A) horizontal. B) vertical. C) upward sloping. D) downward sloping.
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Question

Quizplus · Accepted Answer

Perfectly inelastic demand means that the quantity demanded remains constant regardless of changes in price. As a result, the demand curve will be a vertical line, showing that the price does not affect the quantity demanded.

When Demand Is Perfectly Inelastic, the Demand Curve Is