Question: content area Part 1 When quantity demanded is completely unresponsive to price, what is the value of price elasticity of demand? A. A number between

content area Part 1 When quantity demanded is completely unresponsive to price, what is the value of price elasticity of demand? A. A number between 0 and 1 B. 0 Your answer is correct.C. 1 D. A negative number Part 2 If demand is perfectly elastic, then what is the effect of an increase in price? A. a very small change in quantity demanded B. a decrease in quantity demanded to zero C. a change in quantity demanded exactly equal to the change in price D. no change in quantity demanded

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