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Answer to Question #131384 in Microeconomics for Ahmad

Question #131384
Assume a straight line demand curve, what would happen to elasticity of demand if a consumer moves on the demand curve from left to right?
1
Expert's answer
2020-09-02T11:37:24-0400

For a straight line demand curve elasticity of demand is close to infinity.

If a consumer moves on the demand curve from left to right, then the elasticity of demand will not change.


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