Question
Economics Question on The elasticity of demand and its measurement
Arrange the elasticity (ed) as we move upwards along a linear demand curve_ (A) ed = 1 (B) ed =0 (C) ed =Iinfinity (D) ed>1 (E) ed < 1Choose the correct answer from the options given below :
A
(B), (E), (A), (D), (C)
B
(A), (B), (C), (D), (E)
C
(D), (C), (B), (A), (E)
D
(B). (C), (A), (D), (E)
Answer
(B), (E), (A), (D), (C)
Explanation
Solution
The correct option is (A) :(B), (E), (A), (D), (C)