The price elasticity of demand for heart transplants is perfectly inelastic. Thus, the price elasticity demand for heart transplants is
A) 1.0.
B) 0.0.
C) -1.0.
D) -100.0.

Name: The price elasticity of demand for heart transplants is perfectly inelastic. Thus, the price elasticity demand for heart transplants is A) 1.0. B) 0.0. C) -1.0. D) -100.0.
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Question

Quizplus · Accepted Answer

When demand is perfectly inelastic, the price elasticity of demand is 0.0, indicating that quantity demanded does not change regardless of price changes.

The Price Elasticity of Demand for Heart Transplants Is Perfectly