Why are the calculated price elasticity of demand results

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Reference no: EM133428808

Questions: Can you please help me make sense of these questions? I dont understand left side versus right side, please help!

Q1: Why are the calculated price elasticity of demand results not the same along the demand curve?

Q2: Why are the calculated price elasticity of demand results higher (=more elastic) on the left side than those on the right side of the demand curve?

Reference no: EM133428808

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