In perfectly competitive market, the demand curve of a firm is? Option 1: Perfectly inelastic. Option 2: Unit elastic. Option 3: More than unit elastric. Option 4: Perfectly elastic.

The answer is 'Perfectly elastic.'. View full solution:

CUET Economics - In perfectly competitive market, the demand curve of a firm is? | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Micro

Easy

Perfectly inelastic.

Unit elastic.

More than unit elastric.

Perfectly elastic.

✅ Correct Option: 4