Economy, asked by fizawalikasimshaikh1, 6 hours ago

In case of perfectly inelastic demand ED=_______. *​

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Answered by kevin860
0

Answer:

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Answered by deepakshi42
0

Answer:

In general, the demand for a good is said to be inelastic (or relatively inelastic) when the PED is less than one (in absolute value): that is, changes in price have a less than proportional effect on the quantity of the good demanded.

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