In the graph here you will draw two different demand, Ask an Expert

Economics

In the graph here you will draw two different demand curves.

1. Use the infinite line too to draw a demand curve that is perfectly elastic at a price of $50. Label this curve D-Elastic.

2. Use the infinite line tool to draw a demand curve that is less elastic than D-Elastic, but not perfectly inelastic. Label this curve D-Less-Elastic.

Make sure that it intersects D-Elastic.

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Microeconomics, Economics

Category:- Microeconomics
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