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. Comment on the following statement: "Elasticity is constant along a straight-line

demand curve"

User Veer Singh
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Answer:

The statement that elasticity is constant along a straight-line demand curve is not necessarily true. Elasticity can vary along a demand curve due to various factors, such as changes in the price of a good or shifts in consumer preferences. Therefore, it is important to consider the specific circumstances in order to accurately assess the elasticity of demand for a given product.

User Tbeseda
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