asked 87.8k views
5 votes
If quantity demanded is completely unresponsive to changes in the price of good xyz, then demand for good xyz is

a. inclastic.
b. unit elastic.
c. elastic.
d. perfectly elastic.
e. perfectly inelastic.

1 Answer

7 votes
C. Elastic because it just makes more sense
answered
User PJunior
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.