Zubair has a special taste for college canteen’s hotdogs. The owner of the canteen doubles the prices of hotdogs. Zubair did not respond to the increase in prices and kept on demanding the same quantity of hotdogs. His demand for hotdogs is

The correct answer is B. Perfectly inelastic.

Perfectly inelastic demand is a situation where the quantity demanded of a good or service does not change at all, even when the price changes. This is because the good or service is considered to be a necessity, and consumers are willing to pay any price for it.

In the case of Zubair, he has a special taste for the college canteen’s hotdogs. This means that he is willing to pay any price for them, even if the price doubles. This is an example of perfectly inelastic demand.

The other options are incorrect because they do not accurately describe Zubair’s demand for hotdogs.

• Option A, perfectly elastic demand, is a situation where the quantity demanded of a good or service changes infinitely in response to a change in price. This is a theoretical concept, and it is not realistic to expect that any good or service would have perfectly elastic demand.
• Option C, elastic demand, is a situation where the quantity demanded of a good or service changes in response to a change in price. However, the change in quantity demanded is not infinite, as it is in the case of perfectly elastic demand.
• Option D, less elastic demand, is a situation where the quantity demanded of a good or service changes less in response to a change in price than in the case of elastic demand. However, the change in quantity demanded is still not infinite, as it is in the case of perfectly elastic demand.