Figure 5-3
-Refer to Figure 5-3.Jenna says she would buy 10 gallons of gas per week regardless of the price.If this is true,then Jenna's demand for gas is represented by demand curve
A)A.
B)B.
C)C.
D)D.

Question

Figure 5-3 
-Refer to Figure 5-3.Jenna says she would buy 10 gallons of gas per week regardless of the price.If this is true,then Jenna's demand for gas is represented by demand curve
A)A. 
B)B. 
C)C. 
D)D.

Quizplus · Accepted Answer

Jenna's demand for gas is inelastic, meaning that the quantity demanded does not change much in response to changes in price. Demand curve A is inelastic, so it represents Jenna's demand for gas.

Figure 5-3 -Refer to Figure 5-3.Jenna Says She Would Buy 10 Gallons