Answer:
PERFECTLY ELASTIC
Explanation:
If the demand curve looks like a horizontal flat line, it is said that demand is perfectly elastic.
When demand in market is affected by a small change in price, that demand becomes a perfectly elastic demand.
In perfectly elastic demand, a little increase in the price causes a fall in demand. Leading demand to zero. While a little decrease in price causes an increase in demand to infinity.
In such a case, we conclude that demand is perfectly elastic.
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