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the claim
Perfect elasticity implies demand drops to zero for any price increase.
the verdict
SUPPORTED
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Recorded sources
1 source for · 0 against
AS REPORTEDno primary record reached; this is what the reporting says
Is it true that perfect elasticity implies demand drops to zero for any price increase?
Yes. Economic theory confirms that under perfect elasticity, consumers have an infinite ability to switch to alternatives, causing demand to drop to zero for any price increase.
Verdict: SUPPORTED · 1 source for, 0 against · Last checked
How claims like this are judged
Judged against reference works: claims of this kind are settled by reference works, not journal abstracts.
Evidence for · 1
Reference article covering this claim directly
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Wikipedia: Price elasticity of demand. (n.d.). Wikipedia. https://en.wikipedia.org/wiki/Price_elasticity_of_demand
Related receipts
- Is it true that price elasticity of demand always increases with price? REFUTED
- Is it true that constant elasticity of substitution utility functions yield a constant price elasticity of demand? SUPPORTED
- Is it true that durable goods have different price elasticity than non-durable goods? SUPPORTED
Receipt History
first checked04 Aug 2026
judged → SUPPORTED · 7504 Aug 2026
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