please answer this quickly I need it ASAP If we say a good i
please answer this quickly I need it ASAP!
If we say a good is \"perfectly elastic\', then: All of the answers listed here The price of the good does not change with number sold The price elasticity of demand is negative infinity O The demand curve will have a slope of zeroSolution
Perfectly Elastic Demand
A theoretical fiscal trouble wherein the interest of consumers in buying a industry\' product is extinguished if the rate of the product rises or customer curiosity rises to infinity if the cost falls. In a flawlessly elastic demand situation, the responsiveness of demand to a metamorphosis in price or the cost elasticity is countless, thereby resulting in a flat demand curve.
