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What is the price elasticity of demand for the following demand curve? Rectangular hyperbola - Economics

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Question

What is the price elasticity of demand for the following demand curve?

Rectangular hyperbola

One Line Answer

Solution

Ed = 1

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Degrees (Or Kinds) of Price Elasticity of Demand
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Chapter 3: Elasticity of Demand - QUESTION BANK [Page 78]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 3 Elasticity of Demand
QUESTION BANK | Q 19. (iii) | Page 78
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