when is demand cusses parallel to X-axis.
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The demand curve under perfect competition is a horizontal linear line parallel to x-axis which means that the price of the commodity remains the same and any amount of quantity can be sold at this prevailing price in the market but a little variation in the price will lead to a fall in demand to zero.
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Ans:The demand curve under perfect competition is a horizontal linear line parallel to x-axis which means that the price of the commodity remains the same and any amount of quantity can be sold at this prevailing price in the market but a little variation in the price will lead to a fall in demand to zero.
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