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A Unit-Elastic Demand Curve Never Touches or Crosses Either of the Axes.Why

question 5

Essay

A unit-elastic demand curve never touches or crosses either of the axes.Why?


Definitions:

Indorsement

A legal act of signing a document, such as a check or contract, which transfers the rights or confirms the details stated.

Demos

Short for demonstrations, these are samples or presentations of a product, service, or idea to showcase its functionality or benefits.

Ethos

The characteristic spirit, moral values, or guiding beliefs of a person, community, or culture.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, that specifies the terms of the transfer.

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