Economy, asked by maya2571, 7 months ago

elasticity of demand is different at different points of a straight line demand curve,but not when demand curve is a rectangular hyperbola. True/False
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Answers

Answered by aggarwalpriyanka19
0

Answer:

True, unitary elasticity is represented by a rectangular hyberbola because the area under any give point on the curve remains the same. on the other hand in a straight line demand curve sloping downwards, the elasticity goes on decreasing

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