A vertical straight line demand curve shows that demand rises to infinity even when price remains constant.

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B
False

False. A vertical straight line demand curve parallel to Y-axis shows no change in the demand irrespective of change in price. So that, Ed = 0.

Suggest Corrections

Similar questions

When the slope of demand curve = infinity, the price elasticity of demand = 0.

Join BYJU'S Learning Program