Economy, asked by gopika65, 11 months ago

a perfectly elastic demand curve is __________
a) a straight line parallel to 'y' axis.
b) a rectangular hyperbola.
c) a straight line parallel to 'x' axis.
d) an upward sloping curve from left to right.

Answers

Answered by sitabachudasma76

Explanation:

horizontal straight line.

Answered by tabaassumkhan1982

Answer:

a straight line parallel to x axis

Explanation:

Definition: A perfectly elastic demand curve is represented by a straight horizontal line and shows that the market demand for a product is directly tied to the price. In fact, the demand is infinite at a specific price. Thus, a change in price would eliminate all demand for the product.

plz mark as brianliest answer and follow me

Previous Question

Next Question

Similar questions

Computer Science, 5 months ago

what is the advantage of linking workbooks?

Political Science, 5 months ago

वैश्वीकरण के राजनीतिक परिणाम क्या है...

Science, 5 months ago

im. Match the words/statements in column A with those in column B. Column A Column B 1. Mercury (a) convection 2. Conduction (b) radiation 3. Room ventilation (c) absorb more radiation 4 Dark clothes in winters (d) solids 5. Black body (e) thermometer State whether the following statements are 'True' or 'False'. 1. A clinical thermometer can measure the temperature of boiling water. 2. Medium is...

Math, 11 months ago

if the area of rectangular park is same as that of a square park the area of a rectangular Park is same as the square park. I if the dimensions of the rectangular park are 200m by 32m ,then find the side of square park ...