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demand vs perfectly elastic demand

perfectly elastic demand vs demand

demand and perfectly elastic demand both are nouns.

demand is a verb but perfectly elastic demand is not a verb.

Word NounAdjectiveVerbAdverb
demand Yes No Yes No
perfectly elastic demand Yes No No No
As nouns, perfectly elastic demand is a hyponym of demand; that is, perfectly elastic demand is a word with a more specific, narrower meaning than demand:
  • demand: the ability and desire to purchase goods and services
  • perfectly elastic demand: a market situation in which the demand for a good disappears if its price is rised, and conversely, if the price of a good decreases, the demand becomes infinite.
demand (noun) perfectly elastic demand (noun)
the act of demanding a market situation in which the demand for a good disappears if its price is rised, and conversely, if the price of a good decreases, the demand becomes infinite.
required activity
an urgent or peremptory request
the ability and desire to purchase goods and services
a condition requiring relief
demand (verb) perfectly elastic demand (verb)
request urgently and forcefully
claim as due or just
summon to court
ask to be informed of
lay legal claim to
require as useful, just, or proper
Difference between demand and perfectly elastic demand

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