Economy, asked by duhzualazuala77, 5 months ago

if the elasticity of demand is zero. What is the name of the elasticity of demand?

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Answered by alliswell38

Answer:

perfectly inelastic

If elasticity is zero it is known as perfectly inelastic. If elasticity = 0, then it is said to be 'perfectly' inelastic, meaning its demand will remain unchanged at any price. There are probably no real-world examples of perfectly inelastic goods.

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if the elasticity of demand is zero. What is the name of the elasticity of demand?​

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if the elasticity of demand is zero. What is the name of the elasticity of demand?