menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 19: Demand and Supply Elasticity
  5. Question
    A Perfectly Inelastic Demand Would Imply What Kind of Demand
Solved

A Perfectly Inelastic Demand Would Imply What Kind of Demand

Question 393

Question 393

Multiple Choice

A perfectly inelastic demand would imply what kind of demand curve?


A) horizontal
B) vertical
C) upward sloping
D) downward sloping

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q388: Over the inelastic range of a demand

Q389: If the absolute price elasticity of demand

Q390: A 2 percent rise in the price

Q391: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q392: The result of the calculation of the

Q394: When Mary earned $3,200 per month, she

Q395: An increase in total revenue will result

Q396: If milk and cookies are complements, then

Q397: When demand is elastic, a decrease in

Q398: All of the following are true regarding

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines