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Comment upon the shape of the demand curve, if Ed = 0. - Economic Applications

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Question

Comment upon the shape of the demand curve, if Ed = 0.

One Line Answer
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Solution

The demand curve will be a vertical line parallel to y-axis.

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Chapter 2: Elasticity of Demand - QUESTION BANK [Page 45]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 2 Elasticity of Demand
QUESTION BANK | Q 8. | Page 45
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 3 Elasticity of Demand
QUESTION BANK | Q 8. | Page 76

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