When the slope of demand curve = infinity, the price elasticity of demand = 0. Options: A . &nbspTrue B . &nbspFalse C . &nbspstable D . &nbspboth (a) and (b)

Answer: Option A : A True. e D = 1 s l o p e × P Q = 1 ∞ × P Q = 0

When the slope of demand curve = infinity, the price elasticity of demand = 0.&#

Question

When the slope of demand curve = infinity, the price elasticity of demand = 0.

Options:

A . True

B . False

C . stable

D . both (a) and (b)

Answer: Option A
:
A
True.

e_{D} = \frac{1}{s l o p e} \times \frac{P}{Q} = \frac{1}{\infty} \times \frac{P}{Q} = 0

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