Destiny8843 Destiny8843
  • 06-01-2020
  • Business
contestada

As you move up a linear demand​ curve, the price elasticity of demand in absolute value__________.

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DeniceSandidge DeniceSandidge
  • 07-01-2020

Answer:

As you move up a linear demand​ curve, the price elasticity of demand in absolute value decrease

Explanation:

solution

when we draw a graph between price and quantity

we can see there when we move down in a linear demand curve

than price elasticity of demand is decreases

as elastic demand is = [tex]\frac{lower\ segment}{upper\ segment}[/tex]   .................1

so we can see when move down demand is decreases

 

so here correct fill up is decrease

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