time 27:25

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msm1...@iiitdm.ac.in

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Sep 6, 2021, 9:00:45 AM9/6/21
to noc21-mg9...@nptel.iitm.ac.in
Hi,

I have a question about what is happening in this video at 00:27:25 -

http://www.youtube.com/watch?v=hZEJzBSzZ-c#t=1645s.

ma'am how can elasticity along a straight line change? how can one part of a st. line be more or less elastic than other parts in the same line..

Thanks!



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NOC21 MG90

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Sep 13, 2021, 3:25:28 AM9/13/21
to Discussion forum for Managerial Economics, msm1...@iiitdm.ac.in
Dear Learner,

The slope of line is changing at every point of the line. It will not change however, when the line is either parallel to x or y axis or the straight line line passes through the origin . 
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