On a straight-line demand curve using the geometric method: elasticity equals 0 at the X-axis intercept (E), is less than 1 between the mid-point and the X-axis intercept (C), equals 1 at the mid-point (A), is greater than 1 between the mid-point and the Y-axis intercept (D), and is infinite at the Y-axis intercept (B). Increasing order: E, C, A, D, B.
Arrange the following of elasticities of demand in increasing order as per geometric method. A. Mid-Point of the demand curve B. Intercept on Y-axis…
CUET UG 2023 — Economics Micro
2023mcqmedium
Arrange the following of elasticities of demand in increasing order as per geometric method.
A. Mid-Point of the demand curve
B. Intercept on Y-axis
C. Between Mid-Point and intercept on X-axis
D. Between Mid-Point and intercept on Y-axis
E. Intercept on X-axis
Choose the correct answer from the options given below:
Official previous-year question
Verified 13 Jul 2026.
Options
- A
A, B, C, D, E
- B
D, B, A, E, C
- C
B, D, A, C, E
- D
E, C, A, D, B
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