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Q: What is the implication if elasticity is equal zero?
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When will the income elasticity of demand equal zero?

When an increase in income is not associated with a change in the demand of a good.


What are the implication of the price elasticity of demand?

ambot nangutana gane ko


If the elasticity of demand is equal to one then the demand is?

Unitary elasticity is when the price elasticity of demand is exactly equal to one.


What will be the elasticity when marginal revenue is zero?

unit elastic


When supply is relatively inelastic elasticity of supply es?

zero


What are the 2 extreme situations of price elasticity of demand?

The two extreme ranges of price elasticity of demand are Zero and Infinity.


Is zero less than or equal to zero?

Zero is equal to zero


Solve 8x to the zero power?

Any number to the power zero is equal to 1 - except zero to the power zero, which is undefined. So, if x is not equal to zero, the answer is 1.Any number to the power zero is equal to 1 - except zero to the power zero, which is undefined. So, if x is not equal to zero, the answer is 1.Any number to the power zero is equal to 1 - except zero to the power zero, which is undefined. So, if x is not equal to zero, the answer is 1.Any number to the power zero is equal to 1 - except zero to the power zero, which is undefined. So, if x is not equal to zero, the answer is 1.


What do you call a good whose income elasticity is less than zero?

Sticky Goods


What is the price elasticity of supply of Picasso paintings?

The price elasticity of supply of Picasso paintings is zero, since no matter how high price rises, no more can ever be produced


How zero multiply by zero?

Any number multiplied by zero is equal to zero, including zero. Therefore, zero times zero is equal to zero. 0 x 0 = 0


How can a class frequency be equal to zero?

How can a class frequency be equal to zero?