If demand is perfectly inelastic, the demand curve is vertical, and the price elasticity of demand equals 0.

Name: If demand is perfectly inelastic, the demand curve is vertical, and the price elasticity of demand equals 0.
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Quizplus · Accepted Answer

When demand is perfectly inelastic, consumers will buy the same amount regardless of price changes, resulting in a vertical demand curve and a price elasticity of demand equal to 0, indicating no responsiveness to price changes.

If Demand Is Perfectly Inelastic, the Demand Curve Is Vertical