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Is price elasticity constant along demand curves?

explain why the price elasticity of demand varies along a demand curve, even if the demand curve is linear.


Along a linear demand curve as the price rises demand becomes more?

elastic


What is difference between slope and the calculation of elasticity for a linear demand curve?

Along a linear demand curve elasticity varies from point to point of the demand curve with respect to different price, but slope is constant


Movement along a demand curve?

explain graphically the movement along the demand curve


What are linear inches?

A linear inch is a measurement of distance, usually along a straight line.


What does linear measurment mean?

Linear is "in a line" so linear measurements are length.


Can you give me an example of a linear optimization graph with 2 optimal solutions?

In a linear optimization graph, two optimal solutions can occur when the objective function line is parallel to a constraint line at the vertex of the feasible region. For example, consider a feasible region defined by constraints forming a polygon with one edge being a constraint line. If the objective function is maximized along that edge, any point along that edge within the feasible region will yield the same optimal value, resulting in multiple optimal solutions.


A function in which points lie along a line is?

linear


What is a linear foot measurement?

Linear means in a line. Therefore, one linear foot is just 12 inches measured along a straight line.


Does a change in consumers' tastes lead to a movement along the demand curve or a shift in the demand curve?

A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.


Does the change in consumer tastes lead to a movement along the demand curve or a shift in the demand curve?

A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.


What is the difference in a movement along the demand curve and a shift in the total curve?

Distinguish between the movement along the demand curve and shift in demand curve with the assistance of suitable graphs and explanations?