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Constant Elasticity Demand Curves. The elasticity of demand is the same at every point along a constant elasticity demand curve. Panel a of the figure shows five constant elasticity demand curves. A perfectly inelastic demand curve, where e = 0 everywhere, is a vertical straight line. The next most vertical demand curve in the figure is also inelastic, with a demand elasticity of -1/3 everywhere.
1 Perfectly inelasticity of demand is seen in the demand of necessary goods, while relative inelasticity is seen in case of very expensive goods. 2  The coefficient of elasticity of demand is less than 1, that is ed. 3  By this explanation we have completed the differences between Elastic and Inelastic demand. 4  Thank you.