Question

If there is no change in the demand for commodity X even when its price increases, the demand is said to be ______.

पर्याय

• perfectly elastic

• highly elastic

• less elastic

• perfectly inelastic

Answer 1

If there is no change in the demand for commodity X even when its price increases, the demand is said to be perfectly inelastic.

Explanation:

If quantity demanded remains unchanged despite a price change, demand has zero elasticity. This is called perfectly inelastic demand.