हिंदी

A demand curve which takes the form of a vertical line parallel to the price axis illustrates elasticity which is ______. - Economics

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प्रश्न

A demand curve which takes the form of a vertical line parallel to the price axis illustrates elasticity, which is ______.

विकल्प

  • Zero

  • Infinite

  • > 1

  • 1

MCQ
रिक्त स्थान भरें

उत्तर

A demand curve which takes the form of a vertical line parallel to the price axis illustrates elasticity, which is zero.

Explanation:

A demand curve that forms a vertical line parallel to the price axis illustrates zero elasticity (perfectly inelastic demand). This means that the quantity demanded does not change regardless of the price.

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Degrees (Or Kinds) of Price Elasticity of Demand
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Elasticity of Demand - Exercise [पृष्ठ ७४]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 3 Elasticity of Demand
Exercise | Q 8. | पृष्ठ ७४
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