If demand is perfectly inelastic... Group of answer choices The good has many perfect substitutes The demand curve is horizontal Any increase in price will cause quantity demanded to fall to zero. Quantity demanded will not change when there is a change in price.

Q: 1.

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

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Q: d demand is in

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A: As per answering guidelines, answering the first question.

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A: (C)

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