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Commerce · Q91

Economics

Graduate and Post Graduate · Commerce · question 91

Q91

If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then the demand curve for the commodity will be

A.
Horizontal
B.
Vertical
Answer
C.
Positively sloped
D.
Negatively sloped

Answer: Option B

Solution

Answer: Option B
Solution:
If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then the demand curve for the commodity will be Vertical.