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In the case of a straight line demand curve meeting the two axes, the price elasticity of
 
0 Reply's, Recent Post by Raffy on 2/28/2012 8:55:24 PM
   

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Raffy
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In the case of a straight line demand curve meeting the two axes, the price elasticity of
2/28/2012 8:55:24 PM

In the case of a straight line demand curve meeting the two axes, the price elasticity of
demand at y-axis of the line would be equal to

(a) 1
(b) infinity
(c) 3
(d) 1.25

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