Question

The Pure Drug Company produces insulin, a product with a very stable demand. Even though the price changed several times in the past two years, the demand for Pure Drug's insulin remained relatively unaffected. In this instance, the demand for insulin is representative of ________ demand.

Answer 1

Perfectly Inelastic Demand

Step-by-step explanation:

The demand for this kind of product does not change irrespective of any changes in price because it is an import commodity