When Demand Is Perfectly Inelastic,the Demand Curve Will Be

question 270

Multiple Choice

When demand is perfectly inelastic,the demand curve will be

• A)negatively sloped, because buyers decrease their purchases when the price rises.
• B)vertical, because buyers purchase the same amount as before whenever the price rises or falls.
• C)positively sloped, because buyers respond by increasing the market quantity demanded of the good when price rises.
• D)positively sloped, because buyers respond by increasing their total expenditure on the good when price rises.

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