MCQOPTIONS
Saved Bookmarks
| 1. |
In case of a straight line demand curve meeting the two axes, the price elasticity of demand at the Y-axis of the line would be: |
| A. | Infinity |
| B. | Equal to 1 |
| C. | Zero |
| D. | Less than 1 |
| Answer» B. Equal to 1 | |