If quantity demanded is completely unresponsive to changes in price, demand is

If quantity demanded is completely unresponsive to changes in price, demand is

A. Inelastic

B. Unit elastic

C. Elastic

D. Perfectly inelastic

The correct answer is D. Perfectly inelastic

Explanation

When quantity demanded is completely unresponsive to changes in price, demand is perfectly inelastic. By perfectly inelastic, it means that when prices will be higher or lower, the quantity demanded will be remained the same.

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