Economics · Market Structures
The demand curve of a single firm under perfect competition is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Relatively inelastic (Ed < 1)
- 2Relatively elastic (Ed > 1)
- 3Perfectly inelastic (Ed = 0)
- 4Perfectly elastic (Ed = ∞)✓
Correct answer
Perfectly elastic (Ed = ∞)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Market Structures MCQs →Want more practice questions on Market Structures?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Structures