>Infinitely elastic demand-Consumers will buy as much of a good as they can get at a single price,but for any higher price the quantity demanded drops to zero,while for any lower price the quantity demanded increases without limit. >Completely inelastic demand-Consumers will buy a fixed quantity of a good regardless of its price. ➢ Infinitely elastic demand-Consumers will buy as much of a good as they can get at a single price, but for any higher price the quantity demanded drops to zero, while for any lower price the quantity demanded increases without limit. ➢ Completely inelastic demand-Consumers will buy a fixed quantity of a good regardless of its price