Question

Degrees of Price Elasticity of Demand are shown in this diagram.(a)AC represents...?..(b)AE represents..?. * Captionless Image
(a)perfectly elastic demand (b)perfectly inelastic demand
(a)perfectly inelastic demand (b)perfectly elastic demand
(a) unitary elastic demand (b) highly elastic demand
None of these​

Answer 1

Answer:

1. (a) perfectly elastic demand

Answer 2

b, perfectly elastic demand

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