A vertical supply curve parallel to the price axis implies that the elasticity of supply is

A vertical supply curve parallel to the price axis implies that the elasticity of supply is

Q.  A vertical supply curve parallel to the price axis implies that the elasticity of supply is:

A.           Zero    

B.            Indinity

C.            Equal to one  

D.           Greater than zero but less than infinity

Answer: Zero

Demand and Supply MCQs
Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page