When quantity demanded is completely unresponsive to price, what is the value of price elasticity of demand?
A. 0
B. A negative number
C. 1
D. A number between 0 and 1
If demand is perfectly elastic, then what is the effect of an increase in price?
A. a decrease in quantity demanded to zero
B. no change in quantity demanded
C. a very small change in quantity demanded
D. a change in quantity demanded exactly equal to the change in price