Economy, asked by reddy8668, 5 months ago

When there is an infinite supply at a particular price and supply becomes zero at a
slight fall in price, then the supply of such commodity is said to be in _________ market.

Answers

Answered by gautamprabalpratap
1

Answer:

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Answered by ishakumarisingh557
0

commodity with a perfectly elastic supply has an infinite elasticity. In such a case the supply becomes zero with even a slight fall in the price and becomes infinite with a slight rise in price.

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