English, asked by 20ahmedshaikh, 3 months ago

elasticity resulting from infinite change in quantity demandad

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Answered by Mohsina33

Answer:

Infinite elasticity or perfect elasticity refers to the extreme case in which either the quantity demanded (Qd) or supplied (Qs) changes by an infinite amount in response to any change in price at all. ... Similarly, perfectly elastic demand is an extreme example

Answered by norika30

Infinite elasticity or perfect elasticity refers to the extreme case in which either the quantity demanded or supplied changes by an infinite amount in response to any change in price at all.

Hope it helps :D

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