perfectly elastic demand

 

 

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perfectly elastic demand

 

Glossary micro and macro economics

 

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Economics

 

Definition of perfectly elastic demand

 

perfectly elastic demand : infinite quantity demanded at a particular price graphed as a straight horizontal line.

 

Source: http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20Micro&Macroeconomics.doc

Web site link: http://college.vatc.edu.vn/

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Glossary micro and macro economics

 

Micro and macro economics glossary index of terms

 

 

Definition and meaning of perfectly elastic demand

 

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