Explain why slope is different from elasticity


Problem

1. What is the connection between total revenue and the price elasticity of demand? Illustrate this relationship along a demand curve.

2. Explain why slope is different from elasticity.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: Explain why slope is different from elasticity
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