Chapter: Elasticity of Demand· Economics

Complete the following statement: Demand curve is parallel to ‘Y’ axis in the case of _____.(a) Perfectly elastic demand(b) Perfectly inelastic demand(c) Relatively elastic demand(d) Relatively inelastic demand

Q.1 (D) (iv) Complete the following statement: Demand curve is parallel to ‘Y’ axis in the case of _____.

(a) Perfectly elastic demand
(b) Perfectly inelastic demand
(c) Relatively elastic demand
(d) Relatively inelastic demand

A. Perfectly elastic demand

B. Perfectly inelastic demand

C. Relatively elastic demand

D. Relatively inelastic demand

Doubtly Asked 29 Oct 2026 Board exam · July 2024 hsc 12th Save WhatsApp Report

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Answer: (b) Perfectly inelastic demand

When demand is perfectly inelastic (Ed = 0), quantity demanded does not change with price, so the demand curve is a vertical line parallel to the Y-axis.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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Complete the following statement: Demand curve is parallel to ‘Y’ axis in the case of _____.(a) Perfectly elastic demand(b) Perfectly inelastic demand(c) Relatively elastic demand(d) Relatively inelastic demand

1 answer

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