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What would we call a demand curve that is plotted as a straight vertical line? 1. Relatively elastic 2. Perfectly inelastic 3. Perfectly ridiculous 4. Perfectly elastic5. Unit e…

What would we call a demand curve that is plotted as a straight vertical line? 1. Relatively elastic 2. Perfectly inelastic 3. Perfectly ridiculous 4. Perfectly elastic5. Unit e…
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What would we call a demand curve that is plotted as a straight vertical line? 1. Relatively elastic 2. Perfectly inelastic 3. Perfectly ridiculous 4. Perfectly elastic5. Unit elastic

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User Gwenger
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5 votes
The answer would be 3
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User Jimmy Obonyo Abor
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