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With the Help of a Diagram Define Perfectly Elastic Demand - Economics

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प्रश्न

With the help of a diagram define perfectly elastic demand

उत्तर

The demand curve is parallel to the x-axis. A small change in the price causes an infinitely large change in the amount demanded. The demand curve indicates perfectly elastic demand for the commodity.

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Elasticity of Demand and Elasticity of Supply
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2016-2017 (March)

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