Explain why the point elasticity of demand decreases in, Microeconomics

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Explain why the point elasticity of demand decreases in

Question: 1. Explain why the point elasticity of demand decreases in value as one moves down a straight line demand schedule.

2. Given the demand function q = (1,200 - 2p)0.5, what is elasticity of demand when quantity is 30?

3. Explain why the demand function q = 265p-1 will have the same point elasticity of demand at all prices and say what its value is.

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