Which one of the following formulae based on the given diagram would be appropriate for measuring the elasticity of demand at point R?

Which one of the following formulae based on the given diagram would be appropriate for measuring the elasticity of demand at point R?
Correct Answer $$\frac{{RB}}{{RA}} = \frac{{QB}}{{OQ}} = \frac{{OP}}{{PA}}$$
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Feb 20, 2025