In July 2024
Answer to Question #291689 in Microeconomics for Rut
Consider the demand curve Q =100 - 50P. Draw the demand curve and indicate whichÂ
portion of the curve is elastic, which portion is inelastic, and which portion is unitaryÂ
elastic
"Q=100-50P"
The demand curve is as below showing the regions of Elastic, unitary and inelastic demands.
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