Comment on the following statement: “In the short run, Mr. Mohammed, a seller in the Fruit & Vegetable Market in Al-Aweer, faces a demand curve that is simply a horizontalline at the market equilibrium price. In other words, competitive sellers, in this market, face perfectly elastic demand in the short run.”

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Comment on the following statement: “In the short run, Mr. Mohammed, a seller in the Fruit
& Vegetable Market in Al-Aweer, faces a demand curve that is simply a horizontalline at the
market equilibrium price. In other words, competitive sellers, in this market, face perfectly
elastic demand in the short run.” 

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