price rises from $10.19 to $10.99 and quantity demanded does not change for good x. it follows that the…
price rises from $10.19 to $10.99 and quantity demanded does not change for good x. it follows that the entire demand curve for good x is\n\nunit elastic.\ninelastic.\nperfectly inelastic.\nelastic.\nthere is not enough information to answer the question.
Answer
Brief Explanations:
Elasticity of demand measures how quantity demanded responds to a change in price. When quantity demanded does not change at all as price changes, it is perfectly inelastic. In this case, price rises but quantity demanded is constant, so it's perfectly inelastic.
Answer:
C. perfectly inelastic