Economy, asked by gawassiddesh9149, 1 year ago

What will be the shape of perfectly elastic demand curve?

Answers

Answered by rkarm05
0

A demand curve with constant unitary elasticity will be a curved line. Notice how price and quantity demanded change by an identical amount in each step down the demand curve. Unlike the demand curve with unitary elasticity, the supply curve with unitary elasticity is represented by a straight line.

hope this helps , mark as brainliest , drop in a thanks

Similar questions