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Shanu Asked a Question
September 2, 2020 5:23 pmpts 75 pts
  • UGC NET
  • Economics

What is perfect elasticity demand

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  • Anonymous User Best Answer
    Demand is said to be perfectly elastic when the PED coefficient is equal to infinity. When demand is perfectly elastic, buyers will only buy at one price and no other. Perfectly El...
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  • Anonymous User thankyou
    Demand is said to be perfectly elastic when the PED coefficient is equal to infinity. When demand is perfectly elastic, buyers will only buy at one price and no other. Perfectly El...
    Show more
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