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प्रश्न
Define perfectly elastic demand.
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उत्तर
Perfectly elastic demand means that quantity demanded will increase to infinity when the price decreases and quantity demanded will fall to zero when price increases.
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संबंधित प्रश्न
Which of the following goods have inelastic demand?
Draw a diagram showing elasticity of demand less than one.
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Mention the degree of price elasticity of demand for the following goods:
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Mention the degree of price elasticity of demand for the following goods:
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Indicate the degree of elasticity demand of the following demand curves.

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A list of goods is given below. state whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
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