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प्रश्न
The demand curve is vertical
What will be the value of price elasticity in this case?
पर्याय
Ed = 1
Ed = 0
Ed = 0
Ed = ∞
उत्तर
Ed = 0
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संबंधित प्रश्न
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The demand curve is horizontal
What will be the value of price elasticity in this case?
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | A. | Ed = 0 |
| (ii) | Perfectly inelastic demand | B. | Ed = ∞ |
| (iii) | Relatively elastic demand | C. | Ed < 1 |
| (iv) | Relatively inelastic demand | D. | Ed > 1 |
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