a
react more proportionately to price change
b
are not sensitive to price changed
c
will stop buying when price increases
d
react less proportionately to price change
e
react equally to price change
Explanation
Correct Option
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Discussions (3)
Articulture1234
2 years ago
In the opposite case, when demand is perfectly elastic, by definition consumers have an infinite ability to switch to alternatives if the price increases, so they would stop buying the good or service in question completely—quantity demanded would fall to zero.
