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प्रश्न
What is the price elasticity of demand for the following demand curve:
Straight line demand curve parallel to Y-axis.
उत्तर
Ed = 0
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संबंधित प्रश्न
If elasticity of demand for salt is zero, and household demands 2 kg. of salt during one month when its price is ₹ 5 per kg., this household will demand the same quantity of salt even if price rises to ₹ 8 per kg.
Match the following:
| Column I | Column II |
| A. Perfectly Elastic | (i) Ed = 0 |
| B. Perfectly Inelastic | (ii) Ed = infinity |
| C. Highly Elastic | (iii) Ed < I |
| D. Less Elastic | (iv) Ed > I |
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What is the price elasticity of demand for the following demand curve:
Straight line demand curve parallel to X-axis.
