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

True

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False

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Solution

The correct option is A
True

True.

$e_{D} = \frac{1}{s l o p e} \times \frac{P}{Q} = \frac{1}{\infty} \times \frac{P}{Q} = 0$

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\infty

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

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