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Draw a straight-line demand curve joining both the axes. Indicate the following on the demand curve. Elasticity of demand is equal to zero

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प्रश्न

Draw a straight-line demand curve joining both the axes. Indicate the following on the demand curve.

Elasticity of demand is equal to zero

आकृति
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उत्तर

A straight-line demand curve joining both the axes is shown below:

The elasticity of demand is different at different points.

`"measured by Elasticity" = "Lower segment of demand curve"/ "Upper segment of demand curve"`

The elasticity of demand is equal to zero at point A on the diagram, as the lower segment is zero.

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