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Shanu posted an Question
September 02, 2020 • 22:53 pm 75 points
  • UGC NET
  • Economics

What is perfect inelastic demand

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  • Anonymous User best-answer

    Perfectly Inelastic Demand: When demand is perfectly inelastic, quantity demanded for a good does not change in response to a change in price.

  • Anonymous User Best Answer

    Perfectly Inelastic Demand: When demand is perfectly inelastic, quantity demanded for a good does not change in response to a change in price.

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