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demand vs perfectly inelastic demand

perfectly inelastic demand vs demand

demand and perfectly inelastic demand both are nouns.

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

Word NounAdjectiveVerbAdverb
demand Yes No Yes No
perfectly inelastic demand Yes No No No
As nouns, perfectly inelastic demand is a hyponym of demand; that is, perfectly inelastic demand is a word with a more specific, narrower meaning than demand:
  • demand: the ability and desire to purchase goods and services
  • perfectly inelastic demand: a market situation in which there is a constant demand for a good regardless of the movement of its price.
demand (noun) perfectly inelastic demand (noun)
the act of demanding a market situation in which there is a constant demand for a good regardless of the movement of its price.
required activity
an urgent or peremptory request
the ability and desire to purchase goods and services
a condition requiring relief
demand (verb) perfectly inelastic 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 inelastic demand

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