हिंदी

With the help of a diagram, show how equilibrium price and quantity of a commodity are affected when demand is perfectly elastic and supply decreases.

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प्रश्न

With the help of a diagram, show how equilibrium price and quantity of a commodity are affected when demand is perfectly elastic and supply decreases.

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अति संक्षिप्त उत्तर
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उत्तर

When the demand curve is perfectly elastic (a horizontal line), any change in supply leads to a change in quantity, but the price stays the same.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Elasticity of Demand - EXAMINATION CORNER [पृष्ठ ३.१९]

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