a vertical demand curve represents
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If a demand curve is perfectly vertical (up and down) then we say it is perfectly inelastic. If the curve is not steep, but instead is shallow, then the good is said to be “elastic” or “highly elastic.” This means that a small change in the price of the good will have a large change in the quantity demanded.
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Perfectly inelastic demand; same quantity at different prices. ... The absolute value of the elasticity of demand for a "necessity" good with few close substitutes is: Less than one; Necessities tend to have inelastic demand.
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