PED+Activity


 * Draw the D curve on a graph paper for the following: **
 * Price || Quantity demanded ||
 * 8 || 2 ||
 * 6 || 4 ||
 * 4 || 6 ||
 * 2 || 8 ||

Calculate the following PED values when P falls from 8-6 When P falls from 6-4 When P falls from 4-2

 and then check with this

<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 18px;">What does it tell you about elasticity and a straight line demand curve. Can you tell PED from looking at a D curve?



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