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Wednesday, 01 April 2026
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If a demand curve that intersects a perfectly inelastic supply curve shifts rightward, ...

If a demand curve that intersects a perfectly inelastic supply curve shifts rightward, then?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The equilibrium price and quantity will increase
  • B Only the price will increase
  • C Only the quantity will increase
  • D The price will remain constant
Correct Answer: Option B
Explanation:

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