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  • 10-10-2019
  • Business
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What can you conclude about the relationship between the slope of the demand curve above and its elasticity?

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Аноним Аноним
  • 10-10-2019

Answer:

By definition, the price elasticity of demand equals the percentage changes in the quantity demanded divided by the percentage changes in the price. There is an opposite relationship between the demand elasticity and the slope of the demand curve.

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