garzar3110 garzar3110
  • 01-09-2017
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A price elasticity of infinity corresponds to a demand curve that is:

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Kalahira
Kalahira Kalahira
  • 11-09-2017
A price elasticity of infinity corresponds to a demand curve that is horizontal. That would be considered perfectly elastic, and in a perfectly elastic demand situation something can sell as much as much as it wants as consumers are ready to purchase a large quantity of product.
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