PED along a straight-line demand curve

DPED = 1PED > 1(elastic)PED < 1(inelastic)Q1P1QuantityPrice0TRTR risesas P fallsTR fallsas P fallsQ1TRmaxQuantityTotal revenue0

Loading the editor… AI agents and developers can also create this diagram with the API:GET /api/v1/render/ped-linear-demand.svg or POST /api/v1/render with{"template": "ped-linear-demand"}. Parameters: /api/v1/templates/ped-linear-demand · Guide:/llms.txt