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Between points A and B, what is the slope?

Question:

Between points A and B, what is the slope?

demand

Demand and Elasticity:

While price elasticity of demand changes depending on where on the demand curve you are, we typically saw that a flatter curve has more elastic demand. This is because quantity demanded in such cases is more sensitive to changes in price.

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Price Elasticity of Demand in Microeconomics

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Chapter 2 / Lesson 11
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In microeconomics, the principle of price elasticity of demand is important to understand. Learn the definition of price elasticity of demand, understand the formula and its categories, and see some calculation examples.


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