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Which elasticity of demand does not exist in reality? (A) Perfectly inelastic demand (B) Unitary elastic demand

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in Economics by (59.2k points)

Which elasticity of demand does not exist in reality?

(A) Perfectly inelastic demand
(B) Unitary elastic demand
(C) Perfectly elastic demand
(D) Relatively inelastic demand

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1 Answer

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by (62.4k points)

Correct option is (C) Perfectly elastic demand

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