Question:

Elasticity Graph Question?

by  |  earlier

0 LIKES UnLike

How does price elasticity of demand vary along a straight-line downward-sloping demand curve? and Why?

 Tags:

   Report

1 ANSWERS


  1. Price elasticity of demand (for downward sloping demand curve) over straight line falls from the origin (becomes more elastic) thus changes from ∞ to zero. {  Ã¢ÂˆÂž ≥ |E| ≥ 0 }

    http://upload.wikimedia.org/wikipedia/en...

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.