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When elasticity is zero, the demand curve is

When elasticity is zero, the demand curve is

  • A. Perfectly elastic
  • B. Perfectly inelastic
  • C. Concave
  • D. Downward slopping
  • E. Circular
Correct Answer: Option D
Explanation

If the price elasticity of demand is zero, it means that the demand is totally independent of the price. No matter how the price varies, people buy the same quantity of the product. The demand price curve of essential quantities like medicines has a slope which approaches zero. The demand curve will be downward slopping. Like 0 Dislike 0


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Contributions (68)

BamizWalex
6 years ago
B- when a change in price has no effect on whatsoever the quatity of goods demanded. It elasticity is 0
Ideology4real
6 years ago
The demand curve will be downward slopping.
  • Roland Osaji: A demand curve can only sloop dwnward wen ther z a change in qty demanded of any product as a result of.....,not wen de elasticity of a commodty z zero. Pls fall back to ur textbk 4 more..tanks
    Like 1    Dislike 0   6 years ago
  • Roland Osaji: Dwnward slop curve occurs only wen ther z a change in qty demanded not wen an elasticity of demand z zero. Pls fall back to ur demand theory in ur textbk 4 mor details. Thanks
    Like 0    Dislike 0   6 years ago
beckyplumby
6 years ago
this is a situation whereby a product's demand curve is how much the quantity demanded ... The case of zero elasticity is described as being perfectly inelastic.

once it is Zero, it is inelastic which means the answer is B.
EconsKing
5 years ago
It is Zero bcos......as the price changes,it brings abt ŊO̶̷̩̥̊͡ effect on the Qd........
ayoze
6 years ago
yes it is correct,d ans is b
Bamidele Tomi
3 years ago
Lol
Kenney 2
2 years ago
what if d demand curve shift to d right
vhallentyn
5 years ago
Exactly
mirrabel95
4 years ago
Correct
Nelson
1 year ago
If there,s no change in the demand it will be as it is.
opeyemi
1 year ago
The correct ans is b
ayomiposi
1 year ago
b
ayomiposi
1 year ago
how can I tap my answer I mean to answer the question
Remmy2
4 years ago
Answer B,, because no change has occured den
Bennycrown
6 years ago
Ansa b

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