Question

what is perfectly inelastic demand between two goods​

Answer 1

Answer:

Perfectly inelastic demand is the situation where there no change in quantity demanded even there is change in price of the goods, the the demand is said to be perfectly inelastic. Simply mean no change in demand for change in price.

Explanation:

Answer 2

Answer:

Perfectly Inelastic (PED = 0)

When the price elasticity of demand or PED is zero, then the demand is perfectly inelastic. That is, there is no change in the quantity demanded in response to the change in price.

Explanation:

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