If the demand for product z is perfectly inelastic then the, Ask an Expert

Economics

If the demand for product Z is perfectly inelastic, then the corresponding price-consumption curve will be

a. horizontal if the quantity of Z is measured on the horizontal axis

b. upward sloping if the quantity of Z is measured on the horizontal axis

c. downward sloping if the quantity of Z is measured on the vertical axis

d. vertical if the quantity of Z is measured on the horizontal axis

e. downward sloping if the quantity of Z is measured on the vertical axis

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92000399

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