32. Which amoug the following statement is INCORRECT?
TAI On near demand curve all the five forms of elasticity can be deleted
(H)
Iftwa demand curves are linear and intersecting each other then coefficient of elasticity would be same
on different demand curves at the point of intersection
we demand curves are linear and parallel to each other then at a particular price the coefficient of
elasticity would be different on different demand curves
(D)
The price ciasticity of demand is expressed in terms of relative not absolute changes in Pnce and
quantity demanded
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