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posted a question Jun 14, 2012 at 12:16am
What is an example of a good that you have found remains unchanged whether the price increases or decreases?

Expert answered the question Jun 14, 2012 at 10:17pm
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Solution
There are some goods of which the demand do not change even when its price increase or
decrease. These are perfectly inelastic goods. The demand curve of such goods is vertical. In...