When demand is perfectly inelastic, there is no change in quantity demanded after a change in price.
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Q12: If the price of corn goes up
Q13: The price elasticity of supply is the:
A)
Q14: Refer to the following graph. 
Q15: In general, the greater the elasticity, the:
A)
Q16: Price elasticity of demand is the:
A) change
Q18: Most likely, the elasticity of demand for
Q19: Supply is said to be inelastic when
Q20: If quantity demanded falls by 25 percent
Q21: If the price elasticity of supply is
Q22: If the price of a good goes
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