Mention the situation in which an increase in demand will lead to rise in equilibrium quantity, but no change in equilibrium price.

Mention the situation in which an increase in demand will lead to rise

1.	Mention the situation in which an increase in demand will lead to rise in equilibrium quantity, but no change in equilibrium price.
Answer» Solution :When the SUPPLY is perfectly ELASTIC, an INCREASE in DEMAND will just lead to an increase in equilibrium qunatity demanded but there will bo no change in equilibrium PRICE.