Economics · Elasticity of Demand
When the quantity demanded remains completely unaffected after a change in price, the degree of price elasticity of demand (e d ) is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Less than 1, e d < 1
- 2Equal to 1, e d = 1
- 3Infinity, e d = ∞
- 4Zero, e d = 0✓
Correct answer
Zero, e d = 0
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