At the point above the middle of a straight line demand curve, elasticity of demand is __________

zero

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equal to

1

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greater than

1

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constant

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Solution

The correct option is C greater than $1$
Under point method, the elasticity of demand at a point above the middle point elasticity will be greater than one.

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Similar questions

Elasticity of demand is different at different points of a demand curve, unless demand curve is a rectangular hyperbola.

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