vertical straight line portion of the offer curve depicts elasticity equal to

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vertical straight line portion of the offer curve depicts elasticity equal to


Answered Same DayDec 22, 2021

Answer To: vertical straight line portion of the offer curve depicts elasticity equal to

Robert answered on Dec 22 2021
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Vertical straight line portion of the offer curve depicts elasticity equal to
Answer:
Price offe
r curve is locus of all optimal point resulting from change in the price of a good
keeping money income constant. So if it is vertical, that means change in the price of good x
causes no change in...
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