Explain why the elasticity of a straight-line demand curve, Econometrics

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Explain why the elasticity of a straight-line demand curve

1. Explain why elasticity of demand is measured in percentages.

2. Explain why the elasticity of demand formula normally eliminates minus signs.

3. Explain why the elasticity of a straight-line demand curve varies from one part of the curve to another.

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Econometrics: Explain why the elasticity of a straight-line demand curve

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Econometrics: Explain why the elasticity of a straight-line demand curve

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