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

question 150

Multiple Choice

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.

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