A perfectly inelastic demand curve exhibits
A. zero responsiveness to changes in price.
B. a change in quantity demanded that is proportional to the change in price.
C. a change in quantity demanded that is always twenty percent of the change in price.
D. zero quantity demanded when there is a slight change in price.
Answer: A
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What will be an ideal response?
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A) increases at a constant rate. B) increases at an increasing rate. C) increases at a decreasing rate. D) does not change.
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