Question

If the price of a good remains the same for all possible quantities demanded for the product, demand is

O elastic
O perfectly inelastic
O inelastic
O perfectly elastic

Answer 1

Perfectly inelastic

Step-by-step explanation:

If a good's price elasticity is 0 (no amount of price change produces a change in demand), it is perfectly inelastic. If price elasticity is exactly 1 (price change leads to an equal percentage change in demand), it is known as unitary elasticity. Ty for points