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The section of the demand curve from A to B represents the a. inelastic section of the demand curve. b. unit elastic section of the demand curve. c. perfectly elastic section of the demand curve. d. elastic
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The section of the demand curve from A to B represents the a. inelastic section of the demand curve. b. unit elastic section of the demand curve. c. perfectly elastic section of the demand curve. d. elastic section of the demand curve. g

User Kelon
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1 Answer

21 votes
21 votes

Answer: d. elastic section of the demand curve.

Step-by-step explanation:

When using a linear demand curve, it has been found that the top half of the curve represents the elastic section which is where the section A to B cover so this is the elastic section.

The mid point which is B here is the unitary elastic portion of the curve and the bottom half of point B to C is the inelastic section.

In the elastic section, increasing the price by a certain percentage would cause the quantity demanded to fall by a higher percentage than the percentage increase in price.

The section of the demand curve from A to B represents the a. inelastic section of-example-1
User Eliran
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