What is the formula of geometric method of elasticity of demand?
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At any point on the X-axis (like point D), elasticity is equal to zero because at this point, there is no lower segment of demand curve. So, Ed at point D = LS/US = 0/ED = 0 (as zero, when divided by any number, gives zero). For derivation of formula of Geometric Method, refer Power Booster Section.
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