If the demand is perfectly inelastic, what would happen to the quantity demanded if there is a tiny increase in price?
A)quantity demanded will increase proportionately
B)quantity demanded will fall to zero
C)quantity demanded will register a disproportionately high increase
D)quantity demanded will decrease proportionately
E)quantity demanded will remain the same

Question

Quizplus · Accepted Answer

If the demand is perfectly inelastic, it means that the quantity demanded will not change regardless of the change in price. Therefore, even a tiny increase in price will not affect the quantity demanded, and it will remain the same.

If the Demand Is Perfectly Inelastic, What Would Happen to the Quantity