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प्रश्न
When will the demand curve be parallel to x-axis?
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उत्तर
Demand curve will become parallel to the x-axis, if the value of elasticity of demand is infinity.
संबंधित प्रश्न
Explain any two factors that affect the price elasticity of demand. Give suitable examples.
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(i) Number of substitutes
(ii) Nature of the commodity
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Stock
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Discuss any three/ four factors determining price elasticity of demand.
How does the nature of a commodity affect its price elasticity of demand?
