Slope of demand curve will be infinity when degree of price elasticity of demand is infintiy. Defend or Refute.

Slope of demand curve will be infinity when degree of price elasticity

1.	Slope of demand curve will be infinity when degree of price elasticity of demand is infintiy. Defend or Refute.
Answer» <html><body><p></p>Solution :The statement is <a href="https://interviewquestions.tuteehub.com/tag/refuted-7708858" style="font-weight:bold;" target="_blank" title="Click to know more about REFUTED">REFUTED</a>. <br/> `P.e_(D) = P/Qxx(DeltaQ)/(DeltaP)` and slope of demand curve = `(DeltaP)/(DeltaQ)`<br/> `P.e_(D)= P/Qxx 1/("Slope of <a href="https://interviewquestions.tuteehub.com/tag/dd-431195" style="font-weight:bold;" target="_blank" title="Click to know more about DD">DD</a> curve")` <br/> or Slope of demand curve = ` P/Qxx1/(P.e_(D)` <br/> when `P.e_(D)=<a href="https://interviewquestions.tuteehub.com/tag/oo-583684" style="font-weight:bold;" target="_blank" title="Click to know more about OO">OO</a>` <br/> Then slope of demand curve = `P/Qxx 1/oo= ` Zero <br/> when `P.e_(D) is oo` , slope of demand curve will be zero.</body></html>