Jake paints apartments. He has a lot of competitors, just like him, and they do exactly the same job in terms of quality. It is very cheap to start a painting business.

The demand for Jake's services is likely ____, _____ the market demand for apartment painting.

I cannot emphasize how strongly I advise you to graph this before choosing the answer.

a. of varying price elasticity, with lower prices resulting in less elastic demand; just like

b. unit elastic; unlike

c. perfectly elastic; just like

d. perfectly inelastic; unlike

e. perfectly elastic; unlike