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प्रश्न
When will a change in supply will have no effect on the price of a commodity?
लघु उत्तरीय
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उत्तर
When the demand curve is perfectly elastic, i.e., the demand curve is parallel to the X-axis, a change in supply (increase or decrease) results in a change in equilibrium quantity, but the price remains the same (OP). This is shown in the given fig.
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