Solved UPSC CDS/OTA Question
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Q · Demand and SupplyMedium · 45s
The demand curve for a perfectly elastic demand is:
TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Perfectly elastic demand means infinite quantity is demanded at a single price; curve is horizontal.
Final Answer: Option D - Horizontal