Solved UPSC CDS/OTA Question
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Q · Law of ElasticityMedium · 45s
Price elasticity of demand is said to be perfectly inelastic when Ed is:
TopicLaw of Elasticity
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Ed = 0 implies no change in quantity demanded with price change.
Final Answer: Option B - 0