If a Demand Curve Is Vertical,what Are Its Slope and Elasticity

question 16

Multiple Choice

If a demand curve is vertical,what are its slope and elasticity

• A)undefined and elasticity equals 0
• B)0 and elasticity is undefined
• C)undefined, as is elasticity
• D)0, as is elasticity

---

Definitions:

Similar Stocks

Stocks of companies that operate in the same industry or sector and have similar characteristics in terms of revenue, profitability, and business models.

Market Price

The rate at present for engaging in buy or sell activities for a service or asset.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that is paid out before dividends to common stockholders.

Preemptive Rights

A shareholder's right to buy new shares issued by a company in proportion to their existing shareholding, before the shares are offered to the public.