In which of the following conditions the demand curve touches the vertical axis and is horizontal at the price level?

CA Foundation · Business Economics · PYQS · May 2026
In which of the following conditions the demand curve touches the vertical axis and is horizontal at the price level?
(A) A. Elasticity being zero
(B) B. Elasticity>1
(C) C. Elasticity<1
(D) D. Elasticity is infinite

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Elasticity is infinite

Topics: Theory of Demand and Supply

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