Question: Question 36(1 point) If the demand curve for a certain good is perfectly inelastic, what will be the effect on an increase in price on
Question 36(1 point)
If the demand curve for a certain good is perfectly inelastic, what will be the effect on an increase in price on the quantity demanded?
Question 36 options:
| a | Increase the quantity demanded |
| b | Decrease the quantity demanded |
| c | Cannot be determined from the information given |
| d | Leave the quantity demanded unchanged |
Question 38(1 point)
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