asked 24.5k views
16 votes
Demand determines price entirely when A) demand is downward sloping. B) demand is perfectly inelastic.

1 Answer

14 votes

Answer:

C) supply is perfectly inelastic.

Step-by-step explanation:

In the case when the supply is perfectly non-elastic so the demand would measures the price entirely that means it calculated the overall price at the time when there is a perfectly non-elastic supply

So according to the given scenario the option c is correct

And, the rest of the options are incorrect

So the same is relevant

answered
User Praveen Dp
by
7.9k points
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