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प्रश्न
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
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उत्तर
A perfectly elastic demand curve is parallel to the X-axis because the buyers are willing to buy any quantity at a given price.
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संबंधित प्रश्न
Draw a diagram showing a perfectly elastic demand curve.
Under what conditions does the supply of good exhibit unitary elasticity?
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