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CBSE Class 12-commerce Answered

Look at the demand curve of a good which is a straight line sloping downward. State whether the elasticity of demand is zero when the price is zero.   
Asked by Topperlearning User | 25 Apr, 2016, 09:33: AM
answered-by-expert Expert Answer

Price is equal to zero at point B.

Ed at point B = 0/AB = 0

Therefore, elasticity of demand is equal to zero, when price = 0.

Answered by | 25 Apr, 2016, 11:33: AM
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