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Price elasticity of demand is identical with slop of demand curve.?
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Price elasticity of demand is identical with slop of demand curve.?
Your Answer.

False. - Reason.

We know that, Ed = ∆Q/∆P × P/Q

Slop of the demand curve = ∆P/∆Q


So that, ed. = 1/Slope of demand cueve × P/Q.


Hop You Understand!


Thank you..
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Price elasticity of demand is identical with slop of demand curve.?
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Price elasticity of demand is identical with slop of demand curve.?
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