Question

3. Price elasticity of demand at the mid point of a linear demand curve is :
(A) Elastic
(B) Inelastic
(C) Unitary elastic
(D) Perfectly inelastic,​

Answer 1

Answer:

b is the ans inelastic all the best

Answer 2

Answer:

(B) Inelastic

Explanation:

We can be even more specific. For any linear demand curve, demand will be price elastic in the upper half of the curve and price inelastic in its lower half. At the midpoint of a linear demand curve, demand is unit price elastic.

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