If the price elasticity of demand equals 0,the demand curve is:
A)horizontal.
B)vertical.
C)upward sloping.
D)unit-elastic.

Name: If the price elasticity of demand equals 0,the demand curve is: A)horizontal. B)vertical. C)upward sloping. D)unit-elastic.
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Question

Quizplus · Accepted Answer

If the price elasticity of demand equals to 0, it means that the quantity demanded is not affected by changes in price. In this scenario, the demand curve is vertical, meaning any change in price will not result in a change in quantity demanded.

If the Price Elasticity of Demand Equals 0,the Demand Curve