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What is the price elasticity of demand for the following demand curve: Straight line demand curve parallel to X-axis. - Economic Applications

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Question

What is the price elasticity of demand for the following demand curve:

Straight line demand curve parallel to X-axis.

One Line Answer
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Solution

Ed = ∝

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Chapter 2: Elasticity of Demand - QUESTION BANK [Page 46]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 2 Elasticity of Demand
QUESTION BANK | Q 19. (i) | Page 46
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