a perfectly inelastic demand is one in which the: select one: a. demand curve is perfectly vertical. b. demand curve is perfectly horizontal. c. measured elasticity is exactly 1. d. response to a change in price is immediate.

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07-12-2022
Business

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a perfectly inelastic demand is one in which the: select one: a. demand curve is perfectly vertical. b. demand curve is perfectly horizontal. c. measured elasticity is exactly 1. d. response to a change in price is immediate.

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