Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
How would a linear demand curve shift if elasticity at all points is to remain same .?
How would a linear demand curve shift if elasticity at all points is to remain same . Basically how would that line shift ? I think it would be a parallel shift but im not sure
2 Answers
- 1 decade agoFavorite Answer
Yes, it's a parallel shift.
Elasticity is the extent to which demand changes as price changes or the extent to which price changes as demand changes. In mathematical terms, elasticity is equal to the slope of the demand curve.
So, if elasticity is to remain the same at all points, this means that the slope of the curve must remain the same, and this can only happen in a parallel shift.
Source(s): Economics B.A. - Anonymous1 decade ago
i think u r confused between movement along the curve and shift; elasticity occurs when there is movement along the demand curve; changes in elasticity is due to changes in price and quantity
Source(s): economics reader
