A good has a price elasticity of demand equal to zero.As the price of the good falls,the
A)total revenue does not change.
B)quantity demanded does not change.
C)quantity demanded falls to zero.
D)total revenue increases.
E)quantity demanded increases.

Question

Quizplus · Accepted Answer

When the price elasticity of demand is zero, it means that the quantity demanded does not change regardless of any change in price.

A Good Has a Price Elasticity of Demand Equal to Zero.As