The absolute price elasticity of demand for a vertical demand curve
A) is infinite.
B) is 1.0.
C) is 0.
D) depends on where one is on the demand curve.

Name: The absolute price elasticity of demand for a vertical demand curve A) is infinite. B) is 1.0. C) is 0. D) depends on where one is on the demand curve.
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Question

Quizplus · Accepted Answer

The absolute price elasticity of demand for a vertical demand curve is 0, indicating that quantity demanded does not change regardless of price changes.

The Absolute Price Elasticity of Demand for a Vertical Demand