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     EduGorilla 
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    If the elasticity of demand for a commodity is perfectly inelastic, then which of the following is incorrect?

    Options :-

    1. The commodity must be essential to those who purchase it.
    2. The commodity must have many substitutes.
    3. The commodity will be purchased, regardless of increase in its price.
    4. The elasticity of demand for this commodity must be equal to zero.
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