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perfectly elastic demand

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  1. 1. n. a market situation in which the demand for a good disappears if its price is raised, and conversely, if the price of a good decreases, the demand becomes infinite. Source: wordnet

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demandgoodpricebecomesconverselydecreasesdisappearsinfinitemarketraisedsituation

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perfectionistperfectionistsperfectionmentperfectionsperfectiveperfective aspectperfective tenseperfective verbperfectivelyperfectlyperfectly elastic supplyperfectly inelastic demandperfectness

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