Economy, asked by arnab1930, 11 months ago

A demand curve which is parallel to x axis represent

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Answered by kanika575
1

Answer:

Demand curve is parallel to x axis, find out elasticity of demand. 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.

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