Question

in the case of a straight line demand curve meeting the two axes, the price-elasticity of demand at the mid point of the line would be_____​

Answer 1

Explanation:

. In the case of a straight line demand curve meeting, the two Axes the price elasticity of demand at the midpoint of the line would be 1. The straight line curve will be unity elastic whereas the unitary elastic E = 0

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Answer 2

Answer:

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