what about Perfectly elastic demand curve? ❣
#micRoEconoMics
Answers
Answered by
1
Answer:
Perfectly elastic demand is represented graphically as a horizontal line. ... This means that the same quantity will be demanded regardless of the price. Perfectly Inelastic Demand: Perfectly inelastic demand is graphed as a vertical line. The PED value is the same at every point of the demand curve.
Hope this Helps!!!!!!
Similar questions
Science,
2 months ago
Political Science,
2 months ago
Math,
2 months ago
Social Sciences,
5 months ago
Math,
5 months ago
English,
11 months ago