Draw a perfectly inelastic demand curve and state its elasticity. 
Definitions:
Business Plan
A formal written document detailing the goals of a business, the strategy for achieving them, and the financial, operational, and marketing plans.
Operating Plan
A detailed outline of a company's goals, strategies, and projected financial actions within a specific period, usually part of the overall business plan.
Planning Assumption
An assumption about the future on which a business plan is based. The assumption must be reflected in the firm’s financial projections by calculating the specific financial statement figures it implies.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, typically detailed in an income statement, a balance sheet, and a statement of cash flows.
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