View the step-by-step solution to: What is an example of a good that you have found remains

What is an example of a good that you ha...
This question was answered on Jun 14, 2012. View the Answer
What is an example of a good that you have found remains unchanged whether the price increases or decreases?

Sign up to view the entire interaction

Dear Student, Please find... View the full answer

Electrical Engineering -8275421.doc

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...

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors and customizable flashcards—available anywhere, anytime.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access or to earn money with our Marketplace.

    Browse Documents
  • 890,990,898

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
  • 890,990,898

    Flashcards

    Browse existing sets or create your own using our digital flashcard system. A simple yet effective studying tool to help you earn the grade that you want!

    Browse Flashcards