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Why is it unrealistic to have perfectly elastic or perfectly inelastic demand in the real world?a)Consumers have infinite resources.b)Prices of goods are constant.c)Demand is influenced by various factors.d)Producers control all pricing.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why is it unrealistic to have perfectly elastic or perfectly inelastic demand in the real world?a)Consumers have infinite resources.b)Prices of goods are constant.c)Demand is influenced by various factors.d)Producers control all pricing.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is it unrealistic to have perfectly elastic or perfectly inelastic demand in the real world?a)Consumers have infinite resources.b)Prices of goods are constant.c)Demand is influenced by various factors.d)Producers control all pricing.Correct answer is option 'C'. Can you explain this answer?.

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