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Elasticity of Demand — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsElasticity of Demand1 Mark
MCQ
Which is the implication of a horizontal demand curve?
  • ✓
    Perfectly elastic demand
  • B
    Perfectly inelastic demand
  • C
    Inelastic demand
  • D
    Elastic demand
✓

Answer

Correct option: A.
Perfectly elastic demand
A

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