Home » Economics » When elasticity is zero the demand curve isWhen 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 sloping Correct Answer: Option B Explanation Related Posts Given perfect competition in the capital market, the opportunity cost of capital is adequately reflected… Which of the following is the major function of the wholesaler? Ajanka, a medical student entitled to an annual allowance of N6,000, decides to leave the… all the following are specific examples of indirect tax except If the growth rate of available resources continuously outpaces that of the population, a country… income elasticity of demand is measurement of the responsiveness of
Given perfect competition in the capital market, the opportunity cost of capital is adequately reflected…