Question

Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:

a.consumers are unwilling to pay more than a certain price for the good.
b.the good is a complement to another good.
c.consumers are unwilling to pay less than a certain price for the good.
d.there are many substitutes for this good.
e.people will not change the quantity of the good when the price of the good is changed.

Answer 1

e.people will not change the quantity of the good when the price of the good is changed.

Step-by-step explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you