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

CA Foundation · Business Economics · MTP · May 2026
A vertical supply curve parallel to Y axis implies that the elasticity of supply is :
(A) A. Infinity
(B) B. Zero
(C) C. Equal to one
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Zero

Topics: Theory of Demand and Supply

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