Elasticitv. TR. and Linear Demand Price 10 Elastic 8 Inelastic D 2345 Quantity Michael R Baye, Managerial Economics and Business Strategy, 3e. CThe McGraw-Hill Companies, Inc, 1999Michael R. Baye, Managerial Economics and Business Strategy, 3e. ©The McGraw-Hill Companies, Inc. , 1999 Elasticity, TR, and Linear Demand Price Quantity D 10 8 6 4 2 1 2 3 4 5 Elastic Inelastic