(Answered) on a demand curve, demand is more elastic prices on a demand curve, demand is more elastic prices

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➤ How can I tell on a demand curve where elasticity is greater than one?
Calculate point elasticity using PED = (dQ/dP)·(P/Q) or use the midpoint (arc) method for discrete changes. On a graph, measure percentage changes in P and Q for small movements. The total revenue test also helps: if a price cut increases revenue, demand was elastic for that range.

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