If the price elasticity of demand for a good is zero, then demand is
A)perfectly elastic.
B)perfectly inelastic.
C)unit elastic.
D)inelastic.

Question

Quizplus · Accepted Answer

If the price elasticity of demand for a good is zero, it means that the quantity demanded does not change at all with a change in price. This happens only in the case of perfectly inelastic demand, where the demand curve is a vertical line. Therefore, the best choice is B, perfectly inelastic.

If the Price Elasticity of Demand for a Good Is