If the coefficient of price elasticity of demand of a product is zero, then its demand curve will be
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Correct Answer: Option B
Explanation:
When the coefficient of price elasticity of demand is equal to zero, it means demand is perfectly inelastic. This means that demand for a good does not change in response to price.
When the coefficient of price elasticity of demand is equal to zero, it means demand is perfectly inelastic. This means that demand for a good does not change in response to price.