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4.2 Polar cases of elasticity and constant elasticity  (Page 10/11)

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  • Card 10 / 11:
    zero inelasticity

    the highly inelastic case of demand or supply in which a percentage change in price, no matter how large, results in zero change in the quantity; vertical in appearance

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Source:  OpenStax, Openstax microeconomics in ten weeks. OpenStax CNX. Sep 03, 2014 Download for free at http://legacy.cnx.org/content/col11703/1.2
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