Advertisements
Advertisements
प्रश्न
When will a change in demand have no impact on the equilibrium price of a commodity? Show with the help of a diagram.
आकृति
लघु उत्तरीय
Advertisements
उत्तर
When the supply curve is perfectly elastic (i.e., the supply curve is parallel to the X-axis), a change in demand results in a change in equilibrium quantity only, but the price remains the same (OP). This is shown in the given fig.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
