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When elasticity is zero, the demand curve is_____________

Economics
JAMB 2018

When elasticity is zero, the demand curve is_____________

  • A. circular
  • B. downward sloping
  • C. perfectly inelastic
  • D. concave
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Correct Answer: Option C
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent