Economy, asked by farizauraku2916, 10 months ago

When there is no change in quantity demanded in response to any change in price, it is a situation of ?

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Answered by Anonymous

39

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.

Answered by Anonymous

3

please mark as brainliest thanks and regards

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