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Among the following demand curves, which one is more elastic?

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Question

Among the following demand curves, which one is more elastic?

The diagram shows four demand curves, E, F, G and H, originating from the same point. Curve E is the flattest, while curve H is vertical, indicating different degrees of price elasticity of demand.

Options

  • F

  • E

  • G

  • H

MCQ
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Solution

E

Explanation:

At a common point, the flatter demand curve is more elastic. Curve E is the flattest, while the vertical curve H is perfectly inelastic.

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Chapter 4: Elasticity of Demand - OBJECTIVE QUESTIONS [Page 4.39]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 4 Elasticity of Demand
OBJECTIVE QUESTIONS | Q 21. | Page 4.39
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