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perfectly elastic demand vs demand

demand vs perfectly elastic demand

perfectly elastic demand and demand both are nouns.

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

Word NounAdjectiveVerbAdverb
perfectly elastic demand Yes No No No
demand Yes No Yes No
As nouns, demand is a hypernym of perfectly elastic demand; that is, demand is a word with a broader meaning than perfectly elastic demand:
  • 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: the ability and desire to purchase goods and services
perfectly elastic demand (noun) demand (noun)
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. the act of demanding
required activity
an urgent or peremptory request
the ability and desire to purchase goods and services
a condition requiring relief
perfectly elastic demand (verb) 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 perfectly elastic demand and demand

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