Nigerian Scholars » Past Questions » Economics » Joint Admissions and Matriculation Board (JAMB) Past Question

If, as the price of a commodity rises, the quantity demanded of the commodi...


Question

If, as the price of a commodity rises, the quantity demanded of the commodity remains the same, then the demand for the commodity is?

Options

A) static

B) infinitely elastic

C) externally determined

D) perfectly inelastic


More Past Questions:


Discussion

Do NOT follow this link or you will be banned from the site!