Let's examine a few unusual demand curves. The demand curve to
the right is perfectly inelastic; demand does not change regardless
of price, so Perfectly inelastic demand is very unusual, if not impossible, for large price
changes, but may exist for modest price changes of some goods;
such as prescription medication, addictive substances, and inexpensive
personal care products. A large enough price increase will affect the quantity
demanded for any good because simple affordability will be affected. Therefore, perfect
inelasticity will disappear if the price changes significantly.
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