A vertical demand curve shows that the own- price elasticity of demand is
A) less than one.
B) unity.
C) zero.
D) not defined.
E) infinity.

Name: A vertical demand curve shows that the own- price elasticity of demand is A) less than one. B) unity. C) zero. D) not defined. E) infinity.
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Question

Quizplus · Accepted Answer

A vertical demand curve indicates that quantity demanded does not change with price, meaning the own-price elasticity of demand is zero.

A Vertical Demand Curve Shows That the Own- Price Elasticity