If a demand curve is vertical,what are its slope and elasticity
A)undefined and elasticity equals 0
B)0 and elasticity is undefined
C)undefined, as is elasticity
D)0, as is elasticity

Question

Quizplus · Accepted Answer

The slope of a vertical demand curve is undefined because it is a vertical line, and the elasticity of a vertical demand curve is 0 because the quantity demanded does not change in response to changes in price.

If a Demand Curve Is Vertical,what Are Its Slope and Elasticity