Economics WAEC

When elasticity is zero the demand curve is?

A. perfectly elastic
B. Perfectly inelastic
C. concave
D. downward sloping

Correct Answer: Option B

B. Perfectly inelastic

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics
5 years ago

Recent Posts

Categories of People an Offer Can Be Made To and Classifications of ContractsCategories of People an Offer Can Be Made To and Classifications of Contracts

Categories of People an Offer Can Be Made To and Classifications of Contracts

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

5 hours ago
BAM 134 Theory Question: Factors Determining Span of Control in OrganizationsBAM 134 Theory Question: Factors Determining Span of Control in Organizations

BAM 134 Theory Question: Factors Determining Span of Control in Organizations

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

5 hours ago
BAM 134 Theory Question: The Importance and Elements of Delegation in OrganizationsBAM 134 Theory Question: The Importance and Elements of Delegation in Organizations

BAM 134 Theory Question: The Importance and Elements of Delegation in Organizations

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

5 hours ago
BAM 134 Theory Question: Recruitment, Selection, and Training Procedures in OrganizationsBAM 134 Theory Question: Recruitment, Selection, and Training Procedures in Organizations

BAM 134 Theory Question: Recruitment, Selection, and Training Procedures in Organizations

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

6 hours ago
BAM 134 Theory Question: Short Notes on Key Management TheoriesBAM 134 Theory Question: Short Notes on Key Management Theories

BAM 134 Theory Question: Short Notes on Key Management Theories

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

9 hours ago
BAM 134 Theory Questions: Effective Communication in Organizations: Characteristics and Consequences of FailureBAM 134 Theory Questions: Effective Communication in Organizations: Characteristics and Consequences of Failure

BAM 134 Theory Questions: Effective Communication in Organizations: Characteristics and Consequences of Failure

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

10 hours ago