Suppose the demand for natural gas is perfectly inelastic. what would be the effect, if any, of natural gas price controls? if demand is perfectly inelastic, then price controls will
a. increase the quantity demanded.
b. not change the market price.
c. shift the supply curve to the left .
d. not change the quantity demanded.
e. shift the demand curve to the right .
Answers: 2
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Suppose the demand for natural gas is perfectly inelastic. what would be the effect, if any, of natu...
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