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Zero price elasticity of demand means
Whatever the change in price, there is absolutely no change in demand
For a small change in price, there is a small change in demand
For a small change in price, there is a large change in demand
For a large change in price, there is a small change in demand
Zero price elasticity of demand means whatever the change in price, there is absolutely no change in demand. The demand is perfectly inelastic. The demand curve is zero.
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