If a demand curve is horizontal,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

Name: If a demand curve is horizontal,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
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Question

Quizplus · Accepted Answer

A horizontal demand curve has a slope of 0, indicating perfectly elastic demand, meaning elasticity is undefined.

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