1.

Perfectly inelastic demand of a commodity means,

A. the cost of a commodity changes but the demand remains unchanged
B. the price of the commodity does not change with the change in its demand
C. the demand of a commodity does not change with the change in its price
D. the demand of some other commodity changes with the change in the price of one commodity.
Answer» D. the demand of some other commodity changes with the change in the price of one commodity.


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