asked 113k views
1 vote
when a demand curve possess the characteristic of zero elasticity or perfect inelasticity, then the curve demand curve is ________________________.

asked
User Ombk
by
8.2k points

1 Answer

4 votes

Answer:

Step-by-step explanation:

economies of scale

For many goods, as the level of production increases, the average cost of producing each individual unit declines.

answered
User Jbu
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.