Economy, asked by ratanchoudhary4918, 7 months ago

2) Demand curve is parallel to x axis
in case of​

Answers

Answered by ath007
3

Answer:

When demand curve is parallel to x-axis then elasticity of demand will be perfectly elastic as there is infinite demand at constant price. In this case, a slightest increase in price will reduce the demand for the product to zero.

Hope it helps you.. .

Similar questions