A perfectly inelastic demand curve isA) a vertical line.B) a horizontal line.C) a line that slopes downward to the right.D) a line that slopes upward to the right.

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belinda moreno · Accepted Answer

Final Answer : A, Explanation :  A perfectly inelastic demand curve means that the quantity demanded remains constant regardless of changes in price. In other words, consumers are completely unresponsive to price changes. This results in a vertical demand curve, where the quantity demanded does not change with a change in price.

A perfectly inelastic demand curve is

A) a vertical line.
B) a horizontal line.
C) a line that slopes downward to the right.
D) a line that slopes upward to the right.

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