Describe the general appearance of a demand or a supply curve with infinite elasticity.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 31, 2023 09:43 AM

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Describe the general appearance of a demand or a supply curve with infinite elasticity.

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A demand or supply curve with infinite elasticity is a theoretical concept used in economics to describe extreme cases of responsiveness to price chan...View the full answer

Principles Of Economics

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