<p>Figure 2 is a bit misleading. Both demand curves have an elastic and an inelastic region, just like the one in Figure 1. The meaning of "High elasticity " and "Low elasticity" in Figure 2 is that the steeper line has a much lower magnitude of elasticity than the flater line <em>at the same quantity level</em>.</p>

CC BY-SA 4.0
2020-04-19T22:20:34.813Z
2020-04-19T22:20:34.813Z
VARulle
<p>(This is about price elasticity of demand) Both figures are demand curves. In figure 1, the curve includes both high elasticity (|E|>1) and low elasticity (|E|&lt;1) but in figure 2, the curve is either high elasticity or low elasticity. How should I explain this contradiction? 
<a href="https://i.sstatic.net/xltZk.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/xltZk.png" alt="enter image description here"></a></p>

<microeconomics><elasticity>
Intuition: Can someone explain me this contradiction please?
Katie
# Intuition: Can someone explain me this contradiction please?

(Asked by: username_0 on 2020-04-19)

(This is about price elasticity of demand) Both figures are demand curves. In figure 1, the curve includes both high elasticity (|E|>1) and low elasticity (|E|<1) but in figure 2, the curve is either high elasticity or low elasticity. How should I explain this contradiction?
[![enter image description here](https://i.sstatic.net/xltZk.png)](https://i.sstatic.net/xltZk.png)

**Tags:** microeconomics, elasticity


---

## 1 answers

### Answer by username_1 on 2020-04-19. Score: 3 | Accepted answer

Figure 2 is a bit misleading. Both demand curves have an elastic and an inelastic region, just like the one in Figure 1. The meaning of "High elasticity " and "Low elasticity" in Figure 2 is that the steeper line has a much lower magnitude of elasticity than the flater line *at the same quantity level*.


---

