What will be the elasticity of demand for a good in which a change in price causes no change in the quantity demanded of the commodity?

perfectly inelastic

The correct answer is Option 2: perfectly inelastic

• When a change in price causes no change in the quantity demanded, it means the quantity demanded remains constant regardless of price changes.

• This is the definition of perfectly inelastic demand, where:

  Elasticity (Ed)=0

• A common example could be life-saving medicines, where people will buy the same amount even if the price rises or falls.