Economics · Elasticity of Demand

If the price elasticity of demand is perfectly elastic (ep = ∞), the demand curve will be:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1An upward rising line
2A downward sloping curve
3A horizontal straight line✓
4A vertical straight line

Correct answer

A horizontal straight line

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If the price elasticity of demand is perfectly elastic (ep = ∞), the demand curve will be:

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If the price elasticity of demand is perfectly elastic (ep = ∞), the demand curve will be:

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