The Figure Given Below Shows the Demand Curves for Five

Multiple Choice

The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1

-A 0.5% increase in the price of a particular product causes the quantity demanded of the product to drop to zero. This means that the price elasticity of demand for the product is:

A) ​perfectly elastic.
B) ​unit-elastic.
C) ​perfectly inelastic.
D) ​moderately elastic.
E) ​moderately inelastic.