-The elasticity of demand along the demand curve shown in the above figure is constant and equal to 1. Thus
A) area 0BCF equals area 0AGF.
B) area 0BCF equals area FGDE.
C) area 0BCF equals area 0ADE.
D) area ABCG equals area 0AGF.

Question

-The elasticity of demand along the demand curve shown in the above figure is constant and equal to 1. Thus
A) area 0BCF equals area 0AGF. 
B) area 0BCF equals area FGDE. 
C) area 0BCF equals area 0ADE. 
D) area ABCG equals area 0AGF.

Quizplus · Accepted Answer

The Answer of 
-The elasticity of demand along the demand curve shown in the above figure is constant and equal to 1. Thus
A) area 0BCF equals area 0AGF. 
B) area 0BCF equals area FGDE. 
C) area 0BCF equals area 0ADE. 
D) area ABCG equals area 0AGF.

-The Elasticity of Demand Along the Demand Curve Shown in the Above