Distinguish between: Relatively elastic demand and relatively inelastic demand

Distinguish between:

Relatively elastic demand and relatively inelastic demand


Relatively elastic demand
Relatively inelastic demand
In this case, the change in price leads to a proportionately large change in the quantity demanded. 
In this case, the change in price leads to a proportionately less change in the quantity demanded. 
It represents a flatter demand curve.

 
It represents a steeper demand curve.
 
Here, Ed > 1
ere, Ed < 1


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