Question

A vertical demand curve is​

Answer 1

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A vertical demand curve implies perfectly inelastic demand, i.e the quantity demanded does not change with a change in price. ... Since the demand is inelastic they will continue to consume the commodity even at higher prices.

Answer 2

A vertical demand curve is when the demand remains the change in spite of changes in price.

Explanation:

• A vertical demand curve runs along the vertical axis that depicts demand for a product. A vertical demand curve depicts that demand for a product remains the same despite changes in price.
• Thus, the quantity demanded is the same even if the prices rise or fall. It reflects the inelasticity in the demand for the product. The demand is inelastic.
• Inelastic demand is posed against the law of demand and argues that there can be situations when the product demanded remains the same even if there is changes in other aspects.