Sellers of bottled water find that whether the price falls or rises, the quantity bought by consumers remains unchanged every week. The price elasticity of demand for bottled water is:

(A) inelastic.
(B) elastic.
(C) perfectly inelastic.
(D) perfectly elastic.
(E) unitary elastic.

Demand is perfectly inelastic if a change in price has no effect on quantity demanded. Quantity demanded remains unchanged no matter the change in price.

Water is assumed to be a necessity so demand would not change no matter the change in price.

Demand is inelastic when a change in price has little or no effect on quantity demanded.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

Demand is unitary elastic when a change in price has an equal erfect on quantity demanded.

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Sellers of bottled water find that whether the price falls or rises, the quantity bought by consumers remains unchanged every week. The price elasticity of demand for bottled water is: (A) inelastic. (B) elastic. (C) perfectly inelastic. (D) perfectly elastic. (E) unitary elastic.

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Sellers of bottled water find that whether the price falls or rises, the quantity bought by consumers remains unchanged every week. The price elasticity of demand for bottled water is:

(A) inelastic.
(B) elastic.
(C) perfectly inelastic.
(D) perfectly elastic.
(E) unitary elastic.