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I want graph related to types of elasticity of demand

Posted by Amisha Sharma 6 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Abhishek Thakur 6 years, 10 months ago

1) Perfectly elastic demand curve is parallel to X-axis. 2) Perfectly inelastic demand curve is parallel to Y-axis. 3) unitary elastic demand curve is rectangular hyperbola. 4) more than unitary elastic or relatively elastic demand curve is downward sloping flatter demand curve. 5) less than unitary elastic or relatively inelastic demand curve is downward sloping steeper demand curve.

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