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    Exam 15: Taxation and Efficiency
  5. Question
    When a Demand Curve Is Vertical,the Elasticity of Demand Is\(\infty\)
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When a Demand Curve Is Vertical,the Elasticity of Demand Is ∞\infty∞

Question 16

Question 16

Multiple Choice

When a demand curve is vertical,the elasticity of demand is equal to


A) 0.
B) 1.
C) ( ∞\infty∞ ) .
D) -1.

Correct Answer:

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