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What is perfectly inelastic demand? - Economics

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Question

What is perfectly inelastic demand?

Very Short Answer
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Solution

Perfectly inelastic demand refers to a situation where the quantity demanded of a commodity remains the same, regardless of any change in its price.

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Chapter 3: Elasticity of Demand - TEST QUESTIONS [Page 3.16]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 3 Elasticity of Demand
TEST QUESTIONS | Q A. 4. | Page 3.16
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