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Question 119Asked in DSSSB TGT Computer Science, 25 Jun 2023, Shift 1 (8:30 AM)

The demand is said to be ______ when a very insignificant change in price leads to an infinite change in quantity demanded.

  1. Aperfectly inelastic
  2. Brelatively elastic
  3. Crelatively inelastic
  4. Dperfectly elastic
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Correct answer: (D) perfectly elastic

Explanation

Demand is perfectly elastic when a negligible change in price causes an infinite change in quantity demanded (a horizontal demand curve).

From DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 1 (8:30 AM)

This is question 119 of DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 1 (8:30 AM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.