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

Question

Quizplus · Accepted Answer

A vertical demand curve means that quantity demanded remains constant even if there is a change in price, indicating that consumers are not responsive to price changes. This means that the price elasticity of demand is zero, as there is no change in quantity demanded with respect to changes in price.

A Vertical Demand Curve Shows That the Price Elasticity of Demand