If the Demand Curve Is Perfectly Inelastic, Then an Increase

question 266

Multiple Choice

If the demand curve is perfectly inelastic, then an increase in supply will:

• A)​increase both the price and the quantity exchanged.
• B)​increase the price but result in no change in the quantity exchanged.
• C)​increase the quantity exchanged but result in no change in the price.
• D)​decrease the price but result in no change in the quantity exchanged.

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Definitions:

Risk Factors

Elements or conditions that increase the likelihood of developing a disease or injury.

Screening

A process or method used to identify disease, conditions, or other health-related issues in individuals who are not yet showing symptoms.

Health Outcomes

The changes in health status resulting from the provision of healthcare services, ranging from individual health improvements to broader impacts on public health.

Vulnerable Population

A group of individuals who may be at greater risk for adverse health outcomes due to economic, social, health, or environmental conditions.