Question : The horizontal and parallel to the x-axis demand curve indicates that the elasticity of demand is____.

Option 1: Infinite

Option 2: Zero

Option 3: Greater than zero

Option 4: Equals to one

Question : Which one is not the type of elasticity of demand?

Option 1: Price elasticity of demand

Option 2: Income elasticity of demand 

Option 3: Cross elasticity of demand 

Option 4: Consumer elasticity of demand

Question : A demand curve, which is parallel to the horizontal axis, showing quantity, has a price elasticity equal to

Option 1: zero

Option 2: one

Option 3: less than one

Option 4: infinite

Question : The price elasticity of demand for a perfectly elastic demand curve is:

Option 1: 0

Option 2: 1

Option 3:  Greater than 1

Option 4: Infinite

Question : The elasticity of demand for luxury goods is:

Option 1: Less than one

Option 2: More than one

Option 3: Zero

Option 4: Infinite