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If a demand curve is VERTICAL, then own-price elasticity of demand for this good is equal to:

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Elasticity

Section: Chapter Questions

Problem 3QP: Prove that price elasticity of demand is not the same as the slope of a demand curve.

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If a demand curve is VERTICAL, then own-price elasticity of demand for this good is
equal to:

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