If quantity demanded is completely unresponsive to changes in price, demand is

If quantity demanded is completely unresponsive to changes in price, demand is

Q. If quantity demanded is completely unresponsive to changes in price, demand is:

  1. Inelastic
  2. Unit elastic
  3. Elastic
  4. Perfectly inelastic

Answer: Perfectly inelastic

Demand and Supply MCQs
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