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Hyperbola Demand Curve - Unit Elasticity Everywhere
When we draw a rectangular hyperbola demand curve , it is not  meant to reflect the usual elasticity pattern of a linear demand curve...
Caris
Sep 26
The Impact of PED on Consumer Surplus
This post will clarify how changes in price can differently impact consumer surplus depending on whether demand is elastic or inelastic....
May 29, 2024
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