When the price elasticity of demand for a commodity equals infinity, ______.
[1 mark]
A
The demand curve is a horizontal straight line parallel to the X-axis.
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
The demand curve is a vertical straight line parallel to the X-axis.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
The demand curve is upward sloping.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
The demand curve is downward sloping.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A The demand curve is a horizontal straight line parallel to the X-axis. If the Ed is infinite, then any change in price would result in infinite changes in demand. So, it is represented with a horizontal straight line parallel to the X-axis.