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Figure 6-5 -If a Demand Curve for a Good Is Perfectly Inelastic

Question 150

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Figure 6-5 Figure 6-5   -If a demand curve for a good is perfectly inelastic, then the seller could A) increase price and not change the number of units purchased. B) ignore the effects of costs on its profits. C) rely on buyers to look for other products if it increases price. D) sell more units by advertising.
-If a demand curve for a good is perfectly inelastic, then the seller could


A) increase price and not change the number of units purchased.
B) ignore the effects of costs on its profits.
C) rely on buyers to look for other products if it increases price.
D) sell more units by advertising.

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