If Demand Is Perfectly Inelastic,then

question 140

Multiple Choice

If demand is perfectly inelastic,then:

• A) the own price elasticity of demand is infinite in absolute value.
• B) a small increase in price will lead to a situation where none of the good is purchased.
• C) the demand curve is vertical.
• D) None of the preceding statements is correct.

---

Definitions:

Switching Codes

The practice of altering one's language, dialect, or style of communication based on the social context or conversational setting.

Sentence

A group of words that is grammatically complete, expressing a statement, question, exclamation, or command.

Grammar

All of the methods—word order, verb forms, and so on—that languages use to communicate meaning, apart from the words themselves.

PIRLS

An international assessment measuring the reading comprehension skills of fourth-grade students worldwide.