Draw a horizontal demand curve and write down th
nature of elasticity of it.
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Answer:
Explanation:
What Is the Demand Curve?
The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time. In a typical representation, the price will appear on the left vertical axis, the quantity demanded on the horizontal axis.
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Answer:
The demand curve is perfectly elastic
Explanation:
which means the price does not change but the quantity demanded changes
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