Sentences with PERFECTLY-ELASTIC-DEMAND
Check out our example sentences below to help you understand the context.Sentences
1
"In a perfectly elastic demand curve, consumers are willing to buy any quantity of a good at a specific price."
2
"A perfectly elastic demand curve is depicted as a horizontal line."
3
"If the price of a product in a perfectly elastic demand market increases slightly, the quantity demanded will drop to zero."
4
"In a perfectly elastic demand scenario, any changes in price lead to an infinite change in quantity demanded."
5
"In a perfectly elastic demand market, even a slight increase in price leads to a complete loss of demand."
6
"A luxury product might have a perfectly elastic demand curve as consumers can easily find substitutes."
7
"In a perfectly elastic demand market, sellers have no control over the price and must accept the market equilibrium."
8
"In a perfectly elastic demand scenario, consumers will switch to a substitute product if its price decreases."
9
"When a product has a perfectly elastic demand, small fluctuations in price can cause significant changes in quantity demanded."
1
"In a perfectly elastic demand curve, any increase in price would result in zero demand."
2
"Agricultural products often have a perfectly elastic demand due to their high availability."
3
"In the case of perfect competition, goods often have perfectly elastic demand curves."
4
"In a perfectly elastic demand scenario, even a small decrease in price can lead to an infinite increase in quantity demanded."
5
"Products with perfectly elastic demand are extremely sensitive to changes in price."
6
"Commodities like water and electricity often have a perfectly elastic demand."
7
"In a perfectly elastic demand situation, consumers immediately switch to the next best substitute on any price change."
8
"Goods with perfectly elastic demand are often traded in highly competitive markets."
9
"For a perfectly elastic demand curve, the price elasticity of demand is infinite."
1
"In a perfectly elastic demand scenario, any increase in price will result in a total loss of demand."
2
"The demand for potato chips is an example of a perfectly elastic demand where consumers can easily switch to other brands."
3
"In the case of a perfectly elastic demand, a decrease in price will lead to an infinite increase in quantity demanded."
4
"A perfectly elastic demand curve is represented by a horizontal line."
5
"In a perfectly elastic demand market, consumers are extremely responsive to changes in price."
6
"When a product has a perfectly elastic demand, the price elasticity of demand is infinite."
7
"The market for watermelons in a small town can exhibit perfectly elastic demand as consumers easily switch to other fruits."
