Question #219156
A perfectly inelastic demand curve is
A. A downward sloping straight line with a slope equal to 1.
B. A curved line along which the product of price and quantity is constant.
C. Vertical.
D. Horizontal
1
Expert's answer
2021-07-22T10:00:13-0400

A perfectly inelastic demand curve is vertical, because the quantity demanded is the same at any price.

So, the correct answer is C.


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