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8/18/2019 Dimand Curve
1/2
4000 8000 12000 16000
0
5
10
15
20
25
30
35
40
45
demand curve
4000 8000 12000 16000
0
5
10
15
20
25
30
35
40
45
supply curve
8/18/2019 Dimand Curve
2/2
Perfectly inelastic demand
40 ----------------------------------------
35 ----------------------------------------
Perfectly elastic demand
35
4000 8000 12000 16000