Question

WHAT IS PERFECTLY INELASTIC DEMAND​

Answer 1

Answer:

It is the quantity raised is not up to the product

Hope it helps you

Answer 2

Perfectly elastic demand is also denoted as supply which explains about the economic growth and development about any particular product.

- It's related to rise or change in any particular product.

- This change in any particular product doesn't affects the quantity of product which is required for suppyling to the industries.

- If we talk about any life saving medicine so even if the prices get high still people would buy it for saving their life.

- Hence increment in production doesn't create hurdles in supply of the product under perfectly elastic demand.